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AAA Term Life Insurance No Medical Exam vs Bestow (In Dec 2023)

We compare AAA express term life insurance no medical exam product to Bestow’s no exam life insurance product. Discover which product is best.

Written By Licensed Agent Sa ElJanuary 9, 2023

Finding a reputable life insurance company with an affordable rate can seem down right nauseating.

And finding out there is a term life insurance with no medical exam product from AAA, probably made your purchasing decision easier.

aaa term life insurance no medical exam

But the truth is that they don't have the best rates and have a limited amount of death benefit options.

In this post today, I am going to do a mini showdown and compare the AAA term life insurance with no medical exam product to the Bestow life insurance product.  

Why No Exam Term Life Insurance?

The worst thing about buying life insurance is the long and drawn out underwriting process. 

You have to deal with exams, medical records and telephone interviews; however, the no exam simplified issue products have completely put that process to rest.

You can get a no medical exam term life insurance policy super fast without a waiting period and at an affordable price.

The price difference for a policy with an exam use to be huge, but with recent technological updates in the life insurance space, that gap has decrease substantially.

The better these products become, the more companies will start to offer them, check out this battle between two heavy hitters in the life insurance no exam company space.

Who Is Bestow?

Before we can compare the two companies to each other, it is best to go over who each company is, check out our quick overview of Bestow below:

bestow logo

About Bestow Life Insurance

Bestow is the newest entrant into the life insurance world but is backed by North American Company for Life and Health Insurance.

North American has been around for over 100 years and was founded in 1886, and as of today North American holds an A+ (Superior) rating with A. M. Best.

Bestow believes that great life insurance should be affordable, convenient, and smart.

Product Features

  • Available for ages 18 through 65
  • Coverage amounts from $50,000 to $1,500,000
  • Not Yet available in NY
  • No physical exam life insurance
  • Tobacco & Non Tobacco Rates
  • E-Signature & Simple Application Process
  • No Waiting Period
  • Accelerated Underwriting
  • 2 Year Term Option Available

Riders & Options

No additional riders or options are available on this policy yet such as the accelerated death benefits, term life conversion option, or accidental death benefit rider.

Simply Insurance Thinks

Bestow is the most affordable simplified issue, no physical exam term life insurance product in the market. We are seeing clients go from application to approval within 5 minutes.

Want to learn more about them? Check out our full Bestow life insurance review.

What Is AAA Term Life Insurance No Medical Exam?

While I am sure you probably know who AAA is, you probably just found out they sold life insurance, check out our quick overview of them below:

aaa life insurance

About AAA Life Insurance

In 1969, AAA Life Insurance Company became a part of AAA, offering life insurance and annuity products.

Headquartered in Livonia, Michigan, AAA Life is owned by several of the largest entities in the AAA organization.

AAA Life Insurance Company has an A.M. Best rating of A (Excellent) as of August 2018.

This reflects their financial strength and positive outlook for the future. 

Product Features

  • Available for ages 18 through 75
  • Coverage amounts from $25,000 to $500,000
  • 10, 15, 20 & 30 Year Term Options Available
  • Not Available in NY
  • Tobacco & Non Tobacco Rates
  • E-Signature
  • No Waiting Period
  • Accelerated Underwriting

Riders & Options

Accidental Death - Pays out an additional amount of coverage if death is caused by an accident.

Children Term Rider - Up to $20,000 in Term Life Insurance coverage for your kids.

Simply Insurance Thinks

AAA Life insurance has a very fast process and a few added benefits for people that are already members such as "Waiving the Annual Fee". However, they have the highest rates and their coverage amount is limited to only $250,000.  We are seeing clients go from application to approval within 10 to 15 minutes.

As you can see, both companies are pretty well rounded and have their pro's and con's when it comes to different benefits. We compare them below.

Comparing Their Coverage Options

Term Length Options

Bestow - Bestow now offers a 10, 15, 20, 25 and 30 year term option.  

These different options cover you for both short term and long term life insurance situations.

AAA - At the moment, AAA offers a  10, 15, 20, 25, and 30 year term option.

Term Length Winner:  When it comes to the term length options they have the exact options so this one is a Tie.

Death Benefit Options

Bestow - Bestow offers up to $1.5 Million dollars in life insurance coverage with no exam and no waiting period.

The are one of the only companies that offers this amount of coverage with no exam, you are either approved or declined.

AAA - AAA fails in comparison with death benefit options compared to Bestow, in fact; they only offer up to $250,000 in coverage for a no-exam policy.

Death Benefit Winner: When it comes to the death benefit options Bestow wins this hands down.

Additional Riders

Bestow - Currently Bestow doesn't offer any additional riders

AAA - Currently AAA offers a Child Term Rider and Accidental Death Benefit At an additional cost.

If you are a AAA member there is also a savings of $60 per year with the waiver of the annual policy fee.

Additional Riders Winner: AAA wins this because Bestow doesn't have any additional riders.

Product Benefits

AAA lacks substantially when it comes to being able to choose a death benefit amount, coverage options and pricing. .

Also, when you are getting a quote it doesn't allow you to choose the additional options to see what your final rate will be.

And then there is the small part about saving if you are a AAA member, I don't like the idea of having to become a member to receive the best rate.

Product Benefit Winner: Bestow

Application & Underwriting Speed


There is absolutely no other product in the market with a faster application and approval process.

I have seen customers get a quote, apply, and purchase coverage in under 5 minutes.

bestow vs aaa

You are either going to be approved or declined, there is no in-between which makes this a true simplified issue no exam product.


While AAA claims to be fully no exam, their disclaimer reads "...but if more information is needed, a quick medical exam can be completed at a time and place that is convenient for you."

This means there is a possibility of an exam being required.

Application & Underwriting Speed Winner: Bestow!

The overall winner of application speed is going to to Bestow.  There just isn't any process faster in the market today.

Their Monthly Premiums / Quotes

One of the most important parts of a life insurance policy is going to be pricing.  How much will I be charged per month.

Bestow Sample Rates For Men















AAA Sample Rates For Men















I am sure you can't believe your eyes, but it is completely accurate, the AAA rates are almost double the price of the rates for Bestow.

Monthly Premiums Winner:  Bestow

When it comes to monthly premiums of course, Bestow is the clear winner.

Best Alternatives To Bestow And AAA Express Life Insurance

Taking Action With The Overall Winner

While both companies are a great option in regards to financial strength, there is only one true answer when it comes to purchasing a no exam life insurance policy.

That is Bestow, as you saw above, not only is their underwriting and approval process super fast, their rates are much more affordable than AAA.

Now that you know which option is best, don' t wait any longer to get covered.

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