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10/3/2018 0 Comments

REVIEW & COMPARE bestow life insurance | PROs & CONs | FAQs

Bestow is new to the life insurance marketplace.  It is a simple online platform that gets people quality non-medical life insurance coverage faster than ever before.  The policies are underwritten by North American Company for Life and Health Insurance.  North American has an A+ (Superior) rating for financial strength from A.M. Best. 
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***Bestow only represents one company***

​REVIEW & COMPARE LIFE INSURANCE QUOTES FROM NORTH AMERICAN —AND ALL OTHER TOP COMPANIES— HERE

WHAT DOES BESTOW OFFER

  • Competitive level 2, 10, & 20 year term life insurance policies from $50,000 to $500,000.
  • Coverage in minutes
  • No medical exam
  • A great monthly rate with no cancellation fees

PROs & CONS — BESTOW LIFE INSURANCE

pros

  • High-value term life insurance policies backed by North American A+(Superior) by A.M. Best
  • Easy to use online life insurance application platform boasting  fast underwriting decisions with no medical exam
  • The Bestow application takes a few minutes to complete. If approved, you choose the monthly payment and enter your credit card information.

cons

  • Only represents one company (North American).  You cannot compare other company’s costs on Bestow's website.
  • Issue age restrictions.  Must be age 45 or younger to be eligible to purchase a 20 year term.  Must be age 55 or younger to purchase a 2 or 10 year term.
  • Only term life insurance policies.  No permanent life insurance (policies that last a lifetime).
  • All policies sold by Bestow will expire by the time you are age 65 (average life expectancy for Americans is 78.7 years)
  • No riders or supplementary coverage

FREQUENTLY ASKED QUESTIONS ABOUT BESTOW

  1. Are Bestow’s rates competitive?
    YES.  Bestow term life insurance rates aren’t the lowest available, but they are consistently better than average when compared to those of the top insurers.  In addition, Bestow applicants may qualify for more coverage -up to $500,000- without a medical exam and pay significantly lower premiums verses a typical no exam policy.

  2. Does Bestow have good customer service?
    YES.  Their website portal is very efficient in handling the life insurance application / underwriting process.  They also provide a toll free number if you need to talk to a customer care representative.

  3. Will applying to Bestow hurt my credit score?
    No. Insurers look at the data behind your credit score (like timeliness of payments or if you’ve filed for bankruptcy), but not your credit score itself.  The request for this data is only a soft credit inquiry and doesn’t impact your credit.

  4. Are there any customer complaints about Bestow?
    YES & NO.  If you fit their profile and get approved for the coverage,  it will be an easy buying experience.  You will be happy and have no complaints.  If you are rejected, you will not be happy which might generate complaints.

  5. Is Bestow's website good, safe and reliable to use when buying life insurance?
    The Bestow platform appears to be safe and secure. This is an assumption based on reputable backing. 

  6. What happens when I turn 66 years old?
    Your coverage will expire.
    ​
  7. What happens if Bestow can not offer me coverage?
    ​If Bestow can not offer you coverage due to age, health, etc., they will provide a link to Policygenius as an alternative.​
Frequently Asked Questions
MORE FREQUENTLY ASKED QUESTIONS

***RELATED READING***
BESTOW LIFE INSURANCE IN THE NEWS

Bestow Raises $15 Million in Series A Financing
​New financing fuels national expansion of a leading insurtech platform

Bestow Launches API, Rapidly Expands Across US
Company rapidly scales with direct-to-consumer products now available in 32 states

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9/4/2018 0 Comments

REVIEW & COMPARE Ladder LIFE INSURANCE | Pros & Cons | FAQs

​Ladderlife.com —an insurtech startup, founded in 2015— offers policies issued by Fidelity Security Life Insurance Company.  Fidelity Security Life Insurance Company has an Excellent (A-) rating for financial strength from A.M. Best.  
Ladder Life Insurtech

***Ladder only sells policies issued by one company***

REVIEW & COMPARE LIFE INSURANCE QUOTES
​​FROM ALL OF THE TOP COMPANIES HERE

WHAT DOES LadderLife.com OFFER?

  • Competitive level 10, 15, 20, 25, and 30 year term life insurance policies from $100,000 to $8,000,000 for people ages 20-60 years old.
  • Ladder offers significantly more life insurance coverage than you can buy without a medical exam compared to other companies.  Some applicants will receive an immediate decision.  Some applicants may need to take a medical exam before receiving an approval.
  • Ability to increase or decrease coverage online as your financial needs change .  "Ladder up" means the policy holder can increase their policy’s face value or extend the length of the term.   The added coverage is priced separately, so the policy holder will receive a different cost for the higher amount of coverage and/or longer term.  "Ladder down" means the policy holder can reduce their policy’s face value if they need less life insurance.  Premiums will decrease proportionately to the reduction in the policy’s face value.

PROs & CONs of LadderLife.com

PROS

  • High-value term life insurance policies
  • An easy to use online life insurance application and management system.
  • Fast underwriting decisions.  LadderLife’s application takes around 20 minutes to complete.  Once complete, the applicant will either receive an approval, a rejection, or a request for a medical exam.
  • Ability to increase or decrease coverage online as your financial needs change.

CONS

  • Only represents one life insurance company. The policies are issued by Fidelity Security Life, but Ladder controls the underwriting and risk analysis.
  • Not eligible if older than age 60.
  • Only term life insurance policies.  No permanent life insurance
  • No riders or supplementary coverage
  • Most communication with the company happens online.  They do have a live chat option (with actual people) as well as a phone number posted to call in. That said, the applicant could go through without having to communicate with anyone, but Ladders team is available to help or answer questions if anything comes up. They're salaried, not commissioned, so their role is help, not sell. 

Frequently Asked Questions about LadderLife.com

  1. Are Ladder’s rates competitive.
    YES.  Ladder’s term life insurance rates aren’t the lowest available, but they are consistently better than average when compared to those of the top insurers.  In addition, Ladder’s applicants may qualify for more coverage without a medical exam and pay significantly lower premiums verses a typical no exam policy. 

  2. Does Ladder have good customer service?
    IT APPEARS SO, YES.  Ladder's website portal appears to be very efficient in handling the life insurance application / underwriting process.  While an applicant could go through without having to communicate with anyone, there is a team available (a live chat option, as well as a phone number posted to call in) to help answer questions, if anything comes up.  They're salaried —not commissioned— so their role is help, not sell. 
    ​
  3. Are there any customer complaints about Ladder?
    YES & NO.  Check the reviews on Trustpilot.
    ​
  4. Is Ladder’s direct-to-consumer online platform a good, safe, and reliable place to buy life insurance?
    YES...  But, in fairness —as with all insurtech startups— it may be 'too soon to tell'.  Based on the "backing" (i.e. the reputation of Fidelity Security Life Insurance Company), we can only assume Ladder's platform is safe and that their offerings are reliable.
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get a quick quote from ladder
more Frequently Asked Questions

—Related Reading--

LADDER LIFE INSURANCE IN THE NEWS

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Ladder Launches Ladder For Advisors To Further Streamline Consumer Access To Life Insurance
Financial Advisors Get Access to a Customized Toolkit and Detailed Dashboard Making It Easy to Further Engage Their Clients

https://www.prnewswire.com/news-releases/ladder-launches-ladder-for-advisors-to-further-streamline-consumer-access-to-life-insurance-300785795.html
Ladder To Unveil Latest Innovations At InsureTech Connect
CEO Jamie Hale Speaking at the World's Largest Gathering of Insurance Leaders and Innovators

https://www.prnewswire.com/news-releases/ladder-to-unveil-latest-innovations-at-insuretech-connect-300709454.html
Ladder And SoFi Partner To Power A New Approach To Life Insurance
The Financial Industry's New Guard Joining Forces To Drive True Innovation

https://www.prnewswire.com/news-releases/ladder-and-sofi-partner-to-power-a-new-approach-to-life-insurance-300681915.html
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Ladder is Partnering to Power a New Approach to Life Insurance
Ladder and SoFi are teaming up to fundamentally change how people access and manage life insurance over time

https://medium.com/ladderlife/ladder-is-partnering-to-power-a-new-approach-to-life-insurance-85195cca6a59

Shopping For Life Insurance in The Digital Age

DARE TO COMPARE? LET'S TAKE A LOOK!
$1 MILLION
$1MIL 30YR Term Life Insurance— Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$1MIL 20YR Term Life Insurance— Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$1MIL 15YR Term Life Insurance— Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$1MIL 10YR Term Life Insurance— Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow​


$500,000
$500K 30YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$500K 20YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$500K 15YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$500K 10YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$250,000
$250K 30YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$250K 20YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$250K 15YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$250K 10YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$100,000
$100K 30YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$100K 20YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$100K 15YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow

$100K 10YR Term Life Insurance- Haven vs Ladder vs Bestow vs Ethos vs Fabric vs SagicorNow
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8/21/2018 0 Comments

havenLIFE.COM | PROS & CONS | FAQs | REVIEW & COMPARE

Haven Life Review
Haven Life was founded in 2015.  Their parent company is Mass Mutual which has a Superior A++ financial strength rating from A.M. Best Rating Services.

***Haven Life only sells 1 company***

REVIEW & COMPARE LIFE INSURANCE QUOTES FROM ALL OF THE TOP COMPANIES HERE

Who Is Eligible For Coverage Through Haven Life?

  • Applicants under age 60 – eligible up to $3 million in coverage.
  • Applicants over age 60 – limited to $1 million in coverage.
  • Applicants limited to $1 million* in coverage if the policy is purchased entirely online.
QUESTIONS? CALL: 1-888-681-4952
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Haven Life Buying Process | Step-By-Step

​we'll walk you through it


PROs and CONs of Applying For Life Insurance at HAVENLIFE.com

pros

  • Quick application and approval process.
  • No medical exam required for some customers.
  • Fast approval for healthy applicants under the age of 45.
  • Competitive rates for excellent, good, and average health profiles.
  • Policies for 10, 15, or 20 years are available for ages 18 to 64.  30 years is available for applicants under the age of 50.

cons

  • No permanent life insurance offered.
  • Those who need more than $2 million in coverage.
  • Those who need less that $100,000 in coverage.
  • Applicants with pre-existing conditions.
  • Not available over the age of 65.

What Makes Haven Life Different?

Haven Life’s online process uses an algorithm and artificial intelligence to instantly review your application.  You may have an approval with out a medical exam in less that 1 hour if you are under the age of 45 and need less than $1 million in coverage.

Haven Life will reach out to any physicians, hospitals, pharmacies, pharmacy benefit managers, consumer reporting agencies or any other entity that possesses prescription or medical and financial information for the purpose of evaluating the applicant’s eligibility for insurance.
​
Not all applicants will avoid the medical exam.  Some applicants may be required to be complete a company provided medical exam.  The applicant may or may not receive temporary coverage with a preliminary price in the meantime. The final price will come once the exam results are reviewed and the policy is approved.  A full refund is provided if the applicant is declined for coverage or does not want the policy.
Life Insurance FAQs
Frequently Asked Questions About Haven Life and more

RELATED READING

Haven Life In The News


Haven Life debuts Plus, a new suite of services that benefits life insurance customers while they're living

​Haven Life acquires online insurance broker Quilt

Insurance startup Quilt adds life insurance to its portfolio of products
​


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7/10/2018 0 Comments

$500,000 life insurance with no medical exam

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​Sagicor offers up to $500,000 in coverage without a medical exam and quick approvals –in some cases, as little as 2 minutes– without ever having to see an agent or broker face-to-face. You need to be between the ages of 18-65 to qualify. 
under the age of 65 and healthy, but too busy for a medical exam? maybe sagicor is right for you. if not, we’ll work with you to find the best possible policy for your unique needs.

1-888-681-4952
​Sagicor No Medical Exam ​Sample Rates
​​The sample rates shown are preferred class prices. Actual rates will vary based on your health class, desired coverage amount, and term lengths. Sagicor offers a variety of life insurance plans with no medical exam. Their term plans are available in 10, 15, and 20 years. 

30yr old male

COVERAGE AMOUNT
TERM LENGTH
MONTHLY PREMIUM
$250,000
20 YEAR
$24.37
$500,000
20 YEAR
$42.44

30YR OLD FEMALE

COVERAGE AMOUNT
TERM LENGTH
MONTHLY PREMIUM
$250,000
20 YEAR
$19.40
$500,000
20 YEAR
$35.51

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SAGICORNOW REVIEW
SagicorNow is the marketing name for the Sagicor Life Insurance Company’s direct-to-consumer online platform.  The simple online platform allows people to get quality 10 / 15 / 20 year term life Insurance & whole life insurance fast and easy.  Sagicor Life is rated “A-” (Excellent) by A.M. Best Company (4th best out of 16 possible ratings). This rating is based on Sagicor’s financial strength and ability to meet its ongoing obligations.

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CHRISTOPHER J. LALOR

​Christopher Lalor is an independent ​life insurance broker with over 25 years experience and licenses nationwide.
 
He is dedicated to helping you secure the proper protection for your loved ones– as quickly, as affordably, and as painlessly as possible.
 
HIS PROMISE
Straight Answers, Free Instant Quotes, Unbiased Reviews, and No Pressure, Ever.

​“The most straightforward and smooth experience ever.  Chris broke the process down for me in an easy to understand format, showed me which product was the best value for my money, and his support staff followed through in a professional and efficient manner until my policy was issued.  I couldn't be more satisfied and urge all my friends and family to call Chris for any life insurance questions.”​
~
C. Levin, Miami, FL
0 Comments

5/12/2018 0 Comments

$1,000,000 20 YEAR TERM LIFE INSURANCE POLICY

ADVANTAGES

  • Low cost way to provide a $1,000,000 payout to beneficiaries in case of your untimely death in the next 20 years.
  • You are guaranteed a $1,000,000 death benefit at the same level premium rates for 20 years.
  • You do not have to worry about your cost increasing over 20 years due age or health issues.
  • Life Insurance payouts are income tax free to your beneficiary.
GET YOUR FREE PERSONALIZED QUOTE FOR A
​$1,000,000 20 YEAR TERM LIFE INSURANCE POLICY

WARNING

​If you buy a 20 year term life insurance policy, the policy EXPIRES in 20 years.  The big mistake people make is they do not pay attention to when the policy expires until it’s too late.  If a new policy is needed at that point, they are 20 years older and might not be as healthy.  New life insurance will be a lot more expensive.  This strains the budget.  Even worse, it might not be affordable and you have to go without.

SOLUTION

Take the time to GET A QUOTE for a longer duration. You can guarantee your life insurance rates for a 25 Year Term, 30 Year Term, To Age 95, To Age 100, To Age 121.  These longer durations will ensure you never outlive your policy.

top 3 rates — sample quote

$1,000,000 20 Year Term Life Insurance Policy Top 3 Rates – Sample Quote
HAVE QUESTIONS? DO NOT HESITATE TO CALL! (888) 681-4952
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12/19/2017 0 Comments

$500,000 20 Year Term Life Insurance Policy | TOP RATES | SAMPLE QUOTES

advantages

  • Low cost way to provide a $500,000 payout to beneficiaries in case of your untimely death in the next 20 years.
  • You are guaranteed a $500,000 death benefit at the same level premium rates for 20 years.
  • You do not have to worry about your cost increasing over 20 years due age or health issues.
  • Life Insurance payouts are income tax free to your beneficiary.


warning

​If you buy a 20 year term life insurance policy, the policy EXPIRES in 20 years.  The big mistake people make is they do not pay attention to when the policy expires until it’s too late.  If a new policy is needed at that point, they are 20 years older and might not be as healthy.  New life insurance will be a lot more expensive.  This strains the budget.  Even worse, it might not be affordable and you have to go without.

solution

Take the time to GET A QUOTE for a longer duration. You can guarantee your life insurance rates for a 25 Year Term, 30 Year Term, To Age 95, To Age 100, To Age 121.  These longer durations will ensure you never outlive your policy.

Have Questions? do not hesitate to call! (888) 681-4952

ONLY approximately 10% of people who apply for life insurance get approved at #1 health class. your exact cost will depend on 3 variables...

1. HOW MUCH COVERAGE YOU NEED
2. WHEN THE will POLICY EXPIRE ​
​3. WHICH HEALTH CLASS YOU'RE APPROVED at


$500,000 20 YEAR TERM LIFE INSURANCE POLICY

​Top 3 Rates – sample quotes

All sample quotes shown assume #1 health class.​​ All life insurance companies have approximately 12 health classes.  Each health class has guidelines for things like height & weight, blood pressure, cholesterol, family history, etc.  For example, some companies will not give you the  #1 health class if your mom, dad, or sibling had cancer before age 60.  Other companies will. ​It is important to know the details of the underwriting guidelines for each quote you are looking at.  In other words, there is no sense looking at health class #1 quotes if you don’t meet the life insurance company’s health class #1 guidelines.

Male 35

500,000 20 Year Term Life Insurance Male Age 35

Female 45

500,000 20 Year Term Life Insurance Female Age 45


Male 45

500,000 20 Year Term Life Insurance Male Age 45

Female 45

500,000 20 Year Term Life Insurance Female Age 45


Male 55

500,000 20 Year Term Life Insurance Male Age 55

Female 55

500,000 20 Year Term Life Insurance Female Age 55


Quotes & Underwriting Guidelines (valid as of June 6th, 2017) are subject to change. 
get your FREE personalized quote for a
$500,000 20 Year Term Life Insurance Policy
SIMPLY LOOKING TO COVER FINAL EXPENSES?
​WE CAN HELP YOU WITH THAT TOO!
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