Top perks

Easy online application

Bestow makes applying for life insurance incredibly simple. Consumers can get a quick quote within minutes by answering a few simple questions about their gender, age, weight, height, and whether they are a smoker.

Those who decide to move forward can also complete the entire application process 100% online by providing basic identifying information, answering a few questions about hobbies, and specifying who beneficiaries will be and how the policy will be paid for.

Within just a few minutes, it’s possible to get coverage without ever leaving home or even talking to a live person. Most other insurers require much more time and effort to get covered.

Competitive premiums

Bestow’s monthly premiums are in line with competitors offering similar coverage. For smokers, the cost is actually a little bit below what some other big-name insurers charge.

coverage-limits-with-no-medical-exam”>High coverage limits with no medical exam

Most insurers require a medical exam for a standard term life policy. Bestow does not. Bestow uses a different process that includes checking public records datasets and using predictive models. It is possible to get up to $1.5 million in coverage without a medical exam, which is far higher than most no-medical-exam insurers offer.

What could be improved

Broader eligibility

Bestow is available only to people between the ages of 18 and 60 years old. The insurer could offer more policy options for older Americans looking to get covered.

More coverage options

Bestow only offers term life coverage, not whole life policies. Term life is the right choice for most people, but not for everyone. Bestow also does not offer coverage riders, which are add-ons that enable policyholders to customize coverage.