Luis Pazos 
Bestow focuses on term life insurance for adults aged 18 to 60. These policies are backed by a highly-rated carrier and can cost as little as $10 per month, with coverage ranging from $50,000 to $1.5 million. You can choose a term length from 10 to 30 years and get an online quote in just a few minutes.
Term life insurance is popular with working families because it’s affordable and customizable. You pick the policy amount and duration that fits your needs, often without needing a medical exam. Bestow is a great option if you want to purchase term life insurance easily online, without any medical exams. You can get up to $1.5 million in coverage for 10 to 30 years.
Life insurance is a crucial part of any financial plan, so it’s worth checking out what different companies offer. This review covers Bestow’s policies, how they work, and who could benefit from them.
About the Company
Established in 2016, Bestow is known for offering term life insurance without requiring a medical exam. They don’t sell other types of life insurance. Their policies are underwritten by North American Company for Life and Health Insurance, which has an A+ rating, and reinsured by Munich Re. Everything is handled online, and getting a quote takes just a few minutes without dealing with a salesperson.
Bestow Products and Services
Bestow specializes in term life insurance, which lasts from 10 to 30 years, with coverage amounts ranging from $50,000 to $1.5 million. You tailor the coverage to your needs, and you don’t need to provide extensive personal details to get started. Simply enter basic information like gender, birthdate, height, weight, and zip code to receive an instant quote. You can then adjust the coverage amount or policy length if needed. If you’re satisfied with the quote, you can proceed with the application, and if approved, your policy will begin without a medical exam.
Unique Features
Bestow’s policy is straightforward since it only offers term life insurance. They have a referral program where current customers can earn a gift card for each friend who buys a policy, up to 10 times. They use advanced algorithms for accelerated underwriting, so no medical exams are required. Plus, there’s a 30-day money-back guarantee if you’re not happy with your policy.
Who Bestow Is Best For
Bestow is ideal for adults aged 18 to 60 who want a simple, hassle-free term life insurance policy without a medical exam. It’s great for those who prefer to handle their finances online and don’t want to deal with insurance agents.
Keep in mind that Bestow’s policies don’t offer riders for additional benefits like accidental death or an accelerated death benefit. Also, people with felony convictions are not eligible.
Bestow vs. Other Online Life Insurance Companies
Bestow is unique with its fully online, no-medical-exam policies. However, other companies also offer similar online services. It’s a good idea to get quotes from a few providers to find the best rates.
What to Know About Term Life Insurance
Before buying term life insurance, it’s essential to understand the differences between term and whole life insurance. Term life insurance is more straightforward and affordable, while whole life insurance offers lifetime coverage and cash value accumulation. Use a life insurance calculator to determine the right amount of coverage for your needs based on your income, dependents, and debts.
The Bottom Line
Bestow is a fantastic choice if you’re looking for term life insurance without the hassle of a medical exam. Just remember, it’s only for people aged 18-60, and everything is done online. Always compare quotes from multiple companies to ensure you get the best deal.
