Bestow vs Haven Life
An honest side-by-side comparison of two of our top life insurance picks — pricing, strengths, weaknesses, and who each one is really for.
Bestow
Ranked #2 of 15 in this directory
No-exam term life insurance with instant online approval
Haven Life
Ranked #1 of 15 in this directory
Simple, affordable term life insurance backed by MassMutual
Our pick: Haven Life. Our editors rank Haven Life higher overall in Life Insurance — but Bestow can be the better fit depending on your budget and use case below. How we review
Compare the details
| Bestow | Haven Life | |
|---|---|---|
| Pricing model | Paid | Paid |
| Starting price | See website | See website |
| Category | Term Life | Term Life |
| Editorial rank | #2 of 15 | #1 of 15 |
Strengths
Bestow
- ✓Five-minute application with instant decisions and no medical exam
- ✓Multiple term length options from 10 to 30 years
- ✓Competitive rates for healthy applicants across age ranges
- ✓Policies issued by North American Company with strong financial ratings
- ✓Completely digital process with no phone calls required
Haven Life
- ✓Fully online application with decisions in minutes for many applicants
- ✓Backed by MassMutual, a highly rated and financially strong insurer
- ✓No medical exam required for many eligible applicants
- ✓Free Haven Life Plus rider includes estate planning and fitness tools
- ✓Competitive term life rates especially for healthy applicants
Watch out for
Bestow
- !Maximum coverage of $1.5 million may be insufficient for high earners
- !No permanent life insurance options available
- !Limited riders and add-on options compared to traditional carriers
- !Not all applicants will qualify for instant approval
Haven Life
- !Only offers term life insurance, no permanent or whole life options
- !Coverage maxes out at $3 million which may not suit high earners
- !Applicants over 60 or with health issues may still need a medical exam
- !Limited policy customization compared to traditional carriers
Best use cases
Bestow
- →Busy professional wanting life insurance without scheduling a medical exam
- →Couple securing coverage quickly before a mortgage closing
- →Individual seeking straightforward term coverage without complex options
Haven Life
- →Young professional wanting quick, affordable term life coverage online
- →New parent seeking financial protection during child-raising years
- →Healthy individual looking to skip the medical exam and get instant coverage
About each tool
Bestow
Bestow provides term life insurance with a completely digital application that requires no medical exam, phone calls, or paperwork. The company uses data-driven underwriting to provide instant decisions for coverage up to $1.5 million with term lengths of 10, 15, 20, 25, or 30 years. Bestow policies are issued by North American Company for Life and Health Insurance, a highly rated carrier. The application process takes about five minutes, making Bestow one of the fastest ways to secure life insurance coverage.
Haven Life
Haven Life offers a streamlined online application for term life insurance, backed by the financial strength of MassMutual. Most applicants under 60 can get coverage up to $3 million without a medical exam, receiving a decision in minutes through Haven Life's proprietary underwriting algorithm. Policies come with Haven Life Plus, a free rider that includes a fitness benefit, an estate planning tool, and a will creation service. Haven Life is one of the best options for healthy individuals seeking affordable term coverage with a fast, fully digital experience.
Still deciding? Browse all 15 options with honest pros, cons, and pricing.
See all Life Insurance →