Top 10 Best Life Insurance Companies In U.S. 2019 // Rates & Reviews

Jul 10, 2019 (0) comment

best life insurance companies

​Picking the best life insurance company can be complicated, and it's hard to know where to start ​when you have hundreds of companies and policies to choose from. 

​What if I told you we have taken all of the guessing work out and narrowed it down ​by ​comparing the top 10 of the best life insurance companies in the United States with 3 bonus ​companies.

In this post we will compare and review these top life insurance companies, explain why they are the best options in 2019 and go over some sample life insurance rates.

Let's ​get started!

best life insurance companies

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Go Banking Rates

Top 10 ​Life Insurance Companies Comparison

1st


bestow life insurance logo

Bestow is backed by A+ rated ​North American, and is our #1 recommendation. Competitive rates and fastest application & approval process earned it the 1st spot. Click below to get an accurate quote.

2nd


haven life review, haven life, haven life logo

Haven Life is backed by A+ rated Mass Mutual, and is our #2 recommendation. Solid rates and easy application process earned it the 2nd spot.
Click below to get an accurate quote.

3rd


sbli logo

​SBLI ​has a rating of A (Excellent) from A.M. Best, and is our #3 recommendation. ​​​Very Low Rates, and ​a fast approval process earned it the 3rd spot.
Click below to get an accurate quote.


1. Bestow

bestow life insurance logo

​Bestow is our #1 recommended life insurance company based on approval speed and price.   

They are the only product on the market that offers a true no exam experience from the application process all the way through to the approval.

If you need affordable life insurance​ without a medical exam, there is no ​faster option in the life insurance space today.

bestow life

​Features & Benefits

Why buy coverage from Bestow? Here are just a few reasons they're our favorite...

  • ​Up To $1,000,000 In No ​Medical Exam Coverage
  • ​Get An Instant Approval In 5 Minutes
  • ​No Exam, No Blood Tests & No Waiting Period
  • ​Secure And Simple Online Application
  • No Pushy Sales Calls
  • 2 Year Term Life Insurance Option
  • 30 Day Money Back Guarantee

Bestow has also designed a brand new underwriting framework and built ​one of the best processes ​for ​purchasing life insurance online.

​Your application will be underwritten in real time, so, ​the questions will change and update as you answer one question to the next.  This means that by the end of the application your underwriting is done and your decision is issued instantly.

​No other company ​has an underwriting platform that is designed to function the way Bestow has set theirs up.  Their policies are issued by North American Company for Life and Health Insurance which is rated A+(Superior) by A.M. Best.

Bestow Reviews (4.9/5) 

​Bestow has received over 100 reviews from verified policy holders, averaging 4.9 out of 5 stars.

In fact, they have an A rating from the Better Business Bureau (BBB), and even though they don't have any reviews on the BBB yet, they have absolutely no complaints filed against them.  

bestow bbb reviews

​Want to learn more? Read our full Bestow review here.

Sample Quotes & Rates

​Bestow has some of the lowest rates when it comes to no medical exam term life insurance, check out our sample rates below:

  • ​Bestow Rates For ​Women
  • ​Bestow Rates For ​Men

*Rates are based on a 20 Year Term Policy - Non-tobacco Female with a preferred health rating

​Age

$250,000

$500,000


20 Years Old


$11.00


$18.00


25 Years Old


$11.00


$18.00


30 Years Old


$13.00


$20.00


35 Years Old


$15.00


$24.00


40 Years Old


$20.00


$34.00


44 Years Old


$26.00


$47.00

​Keep in mind that the rates are going to be different for everyone based on your exact age but the above rates are pretty close.

As you can see, you can get a ton of coverage for a very affordable rate, to get the best rate you should look at different term lengths and coverage option combinations.

Pro Tip: If you are a tobacco user your rates are going to be a bit higher and the above sample rates don't apply to you.  It is best to click through to see your rates.

Click here to see our guide to buying life insurance, full of tips, strategies and more!

​Bonus: ​It is recommended that you purchase at the least 10x(times) your annual income in life insurance coverage.  However, I always like to recommend 15x to 20x(Times) if you can afford it. Feel free to check out our life insurance calculator to make sure you know how much coverage you should have.

*Rates From $2.50/month (30-Day Free Look Period)
*Rates based on a female in her mid 20's 2 Year Term, $50,000 term policy in excellent health.


2. Haven Life

haven life logo large

​Coming in at a close second to Bestow is Haven Life, another one of the best places to buy no exam life insurance online.

Just like Bestow, Haven Life allows you to purchase life insurance online very fast and you also have the ability for an immediate decision.

Even though they offer a 30 year term, there is a possibility, based on your ​health, that you might have to take an exam.

haven life

Features & Benefits

Some reasons why Haven made the cut:

  • ​Up To $3,000,000 In No ​Medical Exam Coverage*
  • ​Get An ​Immediate ​Decision In 10 Minutes
  • ​Secure And Simple Online Application
  • No Pushy Sales Calls
  • ​10 Day Money Back Guarantee

​*Depending on your health you might have to take an exam to be covered.

Haven is also one of the first companies that offers the ability to apply for term life insurance up to $3,000,000 with an easy, online process and without the need to consult an agent.

​Through its partnership with MassMutual, they have created a process called InstantTerm, which allows coverage to begin immediately for some qualified applications (up to age 45).

And just like Bestow, their system can underwrite you while you are completing ​the application for an ​Immediate Decision. Their policies are issued by ​MassMutual which is rated A+(Superior) by A.M. Best.

​Haven Reviews (4.5/5) 

Haven life has received over 552 5-Star reviews on Trustpilot, so the overall experience that people are having with them is pretty good.

However, even though they have an A+ rating with the BBB they currently have a 1-star customer review and 2 customer complaints over the last 3 years about the speed of their approval process.

haven life bbb reviews

Sample Quotes & Rates

Haven life also has very affordable rates when it comes to term life insurance with no medical exam.

  • ​HAVEN Rates For ​Women
  • ​​Haven Rates For ​Men

​*Rates are based on a non-tobacco female with a preferred health rating looking for a 20 Year Term.

​AGE

$250,000

$500,000


25 Years Old


$11.42


$16.83


30 Years Old


$11.63


$17.25


35 Years Old


$12.25


$18.50


40 Years Old


$​16.00


$25.58


​45 Years Old


$22.46


$38.92


50 Years Old


$​32.67


$58.08

​Again, keep in mind that the rates are going to be different for everyone based on your exact age​ and health but the above rates are pretty close to your real rate.

As you can see, you can get a ton of coverage for a very affordable rate, to get the best rate you should look at different term lengths and coverage option combinations.

Pro Tip:​ Once you click through any of these insurance companies you can get quotes without giving any personal information.

*Rates From $7.33/month (10-Day Free Look Period)
​*Rates based on an 18 year old female buying a 10 Year $100,000 term policy, she is in excellent health and a non-tobacco user.


​3. ​SBLI

sbli

​Coming in at a close ​third to ​Haven Life is SBLI, another one of the best places to buy ​term life insurance online.

SBLI​ ​is the first insurance company to change how ​they issue life insurance policies and have a strong focus on the everyday person begin covered.

​They have some of the best rates for any type of medical situation as well as a no exam option available.  

sbli homepage

Features & Benefits

Some reasons why ​SBLI made the cut:

  • ​Best Rates For Tobacco Users
  • ​Tons Of Optional Riders Available
  • ​Secure And Simple Online Application
  • ​25 & 30 Year Term Options
  • ​30 Day Money Back Guarantee
  • ​Exam & No-Exam Options

​SBLI is short for The Savings Bank Life Insurance Company Of Massachusetts and they are over 120 years old which shows us they aren't going anywhere. 

​They are the first company that focused primarily on the everyday person getting life insurance coverage. ​

If you are between the ages of 18 and 60 and need $500,000 in life insurance or less you qualify for the Accelerated Underwriting that won't require an exam.

​The​y are rated A (​Excellent) by A.M. Best.

​SBLI Reviews (4.4/5) 

​SBLI has received over ​449 5-Star reviews on Trustpilot, so the overall experience that people are having with them is pretty good.

​They have an A+ rating with the BBB ​and have only 3 reviews posted to the BBB giving them a 2-star customer review.

sbli bbb

Sample Quotes & Rates

​SBLI also has very affordable rates when it comes to fully underwriten term life insurance and life insurance for tobacco users.

  • ​SBLI Rates For ​Women
  • ​SBLI Rates For ​Men

​*Rates are based on a non-tobacco female with a preferred health rating looking for a 20 Year Term.

​AGE

$250,000

$500,000


25 Years Old


$​10.24


$1​5.32


30 Years Old


$1​0.52


$1​6.05


35 Years Old


$12.25


$16.88


40 Years Old


$​1​4.32


$2​3.62


​45 Years Old


$21.40


$3​7.46


50 Years Old


$​32.25


$59.41

​Again, keep in mind that the rates are going to be different for everyone based on your exact age​ and health but the above rates are pretty close to your real rate.

As you can see, you can get a ton of coverage for a cheap rate, to get the best rate you should look at different term lengths and coverage option combinations.

*Rates From $7.53/month (30-Day Free Look Period)
​*Rates based on an 18 year old female buying a 10 Year $100,000 term policy, she is in excellent health and a non-tobacco user.


​4. Ethos

ethos life logo

​In fourth we have Ethos which is the youngest entrant of the companies but still offers some great options for​ term life insurance with no exam online.  ​

​They do offer higher benefit amounts than ​most of the companies; however, the average person probably doesn't need the maximum amount of coverage they offer of $10,000,000.

​If you need more than $1,000,000, however, you will have to take an exam.

ethos life

Features & Benefits

​Ethos made the top 3 due to their fast application process and that they have multiple policy riders available as you can see below:

  • ​Up To $1,000,000 In Coverage - No ​Medical Exam ​Required
  • ​Get A ​Quick Approval In 10 Minutes
  • ​No Exam, No Blood Tests & No Waiting Period
  • No Pushy Sales Calls
  • ​Secure And Simple Online Application
  • ​Return of Premium Term Life Insurance Option
  • 30 Day Money Back Guarantee

​Like ​Haven & Bestow, Ethos accesses data, such as your motor vehicle and prescription drug records, and uses predictive analytics to decide whether you qualify and to determine rates.

Ethos really wants to focus on being ethical and helping you get fast life insurance and without needing an agent.

Ethos is also one of the few companies that is offering coverage starting at $25,000.  This is a great option because it means you have the ability to keep your premiums lower.

Their policies are issued by ​Assurity Life which is rated A-(​Excellent) by A.M. Best.

​Ethos Reviews (4.3/5) 

​Ethos has received over 190 5-Star reviews on Trustpilot out of a total of 236 reviews, so over 80% of customers that purchase through them have a great experience.

​They have an A+ rating with the BBB along with 0 reviews and 0 compalints so far​. 

ethos bbb review

Sample Quotes & Rates

​Ethos life is going to have the most expensive rates out of the three we have reviewed; however, they offer up to $10,000,000 in coverage if you need that much... Below are the sample rates:

  • ​ETHOS Rates For ​Women
  • Ethos Rates For ​Men

*Rates are based on a 20 Year Term Policy - Non-tobacco Female with a preferred health rating

​Age

$250,000

$500,000


20 Years Old


$14.00


$22.00


25 Years Old


$14.00


$22.00


30 Years Old


$14.00


$2​3.00


35 Years Old


$19.00


$​32.00


40 Years Old


$26.00


$​45.00


45 Years Old


$34.00


$​60.00

*Rates From $7.00/month (30-Day Free Look Period)
​*Rates based on an 18 year old female 10 Year Term, $25,000 term policy in excellent health.

​5. ​Protective Life

protective life logo

​Coming in at a ​strong ​fifth place to ​Ethos is Protective Life​, Protective is another great place you can purchase life insurance from.

​​​They offer a wide verity of insurance products and additional insurance riders.​

Even through their underwriting process is longer than average, they still have some of the most lenient underwriters in the industry for pre-existing conditions.

protective homepage

Features & Benefits

Some reasons why ​Protective made the cut:

  • ​Up To $​10,000,000 In Coverage
  • ​Best Rates For Pre-Existing Conditions
  • ​Secure And Simple Online Application
  • ​Policy Delivered Via E-mail
  • ​30 Day Money Back Guarantee (Free Look)

Protective Life ​was founded in 1907 which makes it 112 years old, and hey believe in doing what's right, always, and living with integrity and honesty.

​They underwrite their own policies as well as for their subsidy properties and have a financial strength rating of A+(Superior) by A.M. Best.

​​Protective is offering up to $10 Million ​in life insurance coverage​ with a short online application, as well as multiple permanent life insurance products. 

​Protective Reviews (4.2/5) 

​Protective is not a BBB Accredited business; however, as you can see they have answered over 51 complaints in the last 3 years and 18 in the last 12 months.

​Even though they have an A+ rating with the BBB they currently have a 2-star ​review ​based on 12 customer ​reviews. ​

protective bbb

Sample Quotes & Rates

​Protective life also has very affordable rates ​for people with pre-existing conditions and for people who are fine with taking an exam.

  • ​protective life Rates For ​Women
  • ​protective life Rates For ​Men

​*Rates are based on a non-tobacco female with a preferred health rating looking for a 20 Year Term.

​AGE

$250,000

$500,000


25 Years Old


$11.45


$1​7.00


30 Years Old


$11.66


$17.43


35 Years Old


$12.25


$18.28


40 Years Old


$​​15.66


$25.22


​45 Years Old


$22.30


$38.14


50 Years Old


$​3​0.70


$5​5.56

​Again, keep in mind that the rates are going to be different for everyone based on your exact age​ and health but the above rates are pretty close to your real rate.

As you can see, you can get a ton of coverage for a ​small rate, to get the best rate you should look at different term lengths and coverage option combinations.

*Rates From $​11.00/month (30-Day Free Look Period)
​*Rates based on an 18 year old female buying a 10 Year $100,000 term policy, she is in excellent health and a non-tobacco user.


​6. ​Pacific Life

pacific lie logo

​​Taking up our 6th space is Pacific Life, another one of the best places to buy no exam life insurance online.

Pacific Life ​has the best rates for people ​without any health issues and have an ​above average approval speed and some of the most affordable rates in the industry​ overall.

pacific life homepage

Features & Benefits

Some reasons why ​Pacific Life made the cut:

  • ​Most Affordable Rates For Under 45y/o
  • ​Great Smoker Rates
  • ​Secure And ​Short Online Application
  • No Pushy Sales Calls
  • ​30 Day Money Back Guarantee

​Pacific Life ​was founded in ​1885 which makes it over 150 years old, and they are also the 4th largest U.S. life insurance company in sales.

​Pacific Life has an A+(Superior) by A.M. Best.

​Pacific Life Reviews (4.1/5) 

​Pacific Life has an A- rating with the BBB and they currently have a 1-star review from 4 customers.

They aren't an Accredited BBB business and have had 4 complaints over the last 3 years.

Pacific life seems to have a strong level of customer service and fast response times.

pacific life bbb

Sample Quotes & Rates

​Pacific life also has very affordable rates ​for people who are younger and can also give reasonable rates to people with pre-existing conditions.

  • ​Pacific life Rates For ​Women
  • ​pacific life Rates For ​Men

​*Rates are based on a non-tobacco female with a preferred health rating looking for a 20 Year Term.

​AGE

$250,000

$500,000


25 Years Old


$11.67


$1​7.00


30 Years Old


$11.71


$17.51


35 Years Old


$12.25


$18.74


40 Years Old


$​16.00


$​30.26


​45 Years Old


$22.93


$38.92


50 Years Old


$​31.83


$5​6.10

​The rates are going to be different for everyone based on your exact age​ and health but the above rates are pretty close to ​what your ​final rate could be.

As you can see, you can get a ton of coverage for a very affordable rate, to get the best rate you should look at different term lengths and coverage option combinations.

*Rates From $10.00/month (30-Day Free Look Period)
​*Rates based on an 18 year old female buying a 10 Year $100,000 term policy, she is in excellent health and a non-tobacco user.


​7. ​Lincoln Financial

lincoln financial logo

​In seventh place we have Lincoln Financial, another one of the best places to buy no exam life insurance online.

Lincoln Financial has some of the most competitive underwriting tables for an assortment of health conditions, making them the best life insurance for someone with substandard medical ​situations.

​However, completing the application can be a long process even though the approval process is faster than usual.

lincoln financial homepage

Features & Benefits

Some reasons why Haven made the cut:

  • ​​​Best Rates For Substandard ​Health
  • ​​Faster Than Average Approval Process
  • ​Secure And Simple ​Electronic Application
  • ​​Policy Delivered via Email
  • ​30 Day Money Back Guarantee

Lincoln Financial ​was founded in ​1905 which makes it over 114 years old and If you are wondering if Lincoln financial has anything to do with President Abe Lincoln you would be right.

​The owners of the company were able to get permission from Abraham Lincoln's Son to use his name and likeness for the logo since 1905.

Lincoln Financial has an A+ (Superior) ranking with A.M. Best.

​Lincoln Financial Reviews (4.0/5) 

​Even though ​Lincoln has an A+ rating with the BBB they currently have a 1-star review ​from 39 customers and have had over 60 complaints in the last 3 years.

​It seems that most businesses that aren't part of the BBB have several complaints.

If you take into consideration they have been around over 114 years, I guess only 66 complaints can't be that bad.

lincoln financial bbb

Sample Quotes & Rates

​Lincoln Financial also has very affordable rates when it comes to term life insurance with ​substandard health.

  • ​Lincoln Rates For ​Women
  • ​Lincoln ​Rates For ​Men

​*Rates are based on a non-tobacco female with a preferred health rating looking for a 20 Year Term.

​AGE

$250,000

$500,000


25 Years Old


$11.55


$16.32


30 Years Old


$11.75


$17.19


35 Years Old


$12.25


$18.68


40 Years Old


$​15.60


$​30.32


​45 Years Old


$22.​84


$38.98


50 Years Old


$​3​1.57


$5​5.30

​Again, keep in mind that the rates are going to be different for everyone based on your exact age​ and health but the above rates are pretty close to your real rate.

As you can see, you can get a ton of coverage for a very affordable rate, to get the best rate you should look at different term lengths and coverage option combinations.

*Rates From $11.00/month (30-Day Free Look Period)
​*Rates based on an 18 year old female buying a 10 Year $100,000 term policy, she is in excellent health and a non-tobacco user.


banner life logo

​Our 8th runner up is Banner Life, another one of the best places to buy life insurance online.

​They have very competitive underwriting for a range of health conditions, including more favorable ratings for people in the substandard health class. 

​Even through their underwriting process is ​about average - probably at least 15 days, they have some of the best rates for smokers in the industry.

banner life homepage

Features & Benefits

Some reasons why ​Banner made the cut:

  • ​​Free MediGuide ​Membership
  • ​​Good Rates For Smokers
  • ​Secure And Simple ​Electronic Application
  • ​​Policy Delivered via Email
  • ​30 Day Money Back Guarantee
  • ​​Can ​Apply Up To Age 95

What makes ​Banner Life Insurance Company different is that they ​​offer life insurance up to age 95 which is well above the industry standard of ​ages of 65 or 75.  

They also offer very flexible payment options and multiple term limits for each policy type.

​Banner Life ​was founded in ​1949 which makes it 70 years old and is a subsidy of the parent company for Legal & General America and is known for their strong financial standing and great customer service.

​Banner Life Insurance Company has ​a rating of A+ (Superior) from A.M. Best.

​Banner Life Reviews (4.0/5) 

​Banner life, also known as Legal & General America has received over ​619 5-Star reviews on Trustpilot, so the overall experience that people are having with them is pretty good.

However, they aren't currently accredited with the BBB and have an A+ rating and 0 reviews.

Over the past 3 years they have had a total of 4 complaints.

banner life bbb

Sample Quotes & Rates

​Banner life also has very affordable rates when it comes to term life insurance with substandard ​health classes.

  • ​Banner life Rates For ​Women
  • ​banner life Rates For ​Men

​*Rates are based on a non-tobacco female with a preferred health rating looking for a 20 Year Term.

​AGE

$250,000

$500,000


25 Years Old


$11.25


$16.04


30 Years Old


$11.53


$1​6.90


35 Years Old


$12.25


$1​7.90


40 Years Old


$​1​5.33


$25.11


​45 Years Old


$22.​16


$3​7.90


50 Years Old


$​3​1.52


$5​6.59

​Depending on your exact age​ and health, your life insurance rates will be different because life insurance is underwritten on an individual basis.

As you can see, you can get a ton of coverage for a very affordable rate, to get the best rate you should look at different term lengths and coverage option combinations.

*Rates From $7.68/month (30-Day Free Look Period)
​*Rates based on an 18 year old female buying a 10 Year $100,000 term policy, she is in excellent health and a non-tobacco user.


​9. ​​Mutual Of Omaha

mutual of omaha logo

Mutual Of Omaha​ takes the 9th spot as another one of the best places to ​get life insurance online.

Mutual Of Omaha​ has been named one of the best companies in America to work for and they have some of the most affordable rates in the industry.

​​They also have some of the best rates for someone with Sleep Apnea and strong customer service records.

mutual of omaha homepage

Features & Benefits

Some reasons why ​Mutual Of Omaha made the cut:

  • ​​Above Average Application Approval
  • ​Short Application Form
  • ​Secure And Simple ​Electronic Application
  • ​​Best Rates For Smokers
  • ​30 Day Money Back Guarantee

What makes ​Mutual Of Omaha different is that they​ ​are owned by their policy holders.

This means that​ a surplus may be distributed to policyholders in the form of dividends or retained by the insurer in exchange for reductions in future premiums.

​​Mutual Of Omaha ​was founded in ​1909 which makes it over 110 years old and they are known for their great reputation.

​Mutual Of Omaha​ has an A+ (Superior) ​rating with A.M. Best.

​Mutual Of Omaha Reviews (4.0/5) 

​Mutual of Omaha has an  A+ rating with the BBB and has been Accredited since 1940.

They currently have a 1- 1/2 star ​review from 7 customers with 0 complaints. 2 ​

mutual of omaha bbb

Sample Quotes & Rates

​Mutual Of Omaha also has very affordable rates when it comes to term life insurance with no medical exam.

  • M​.O.OMAHA Rates For ​Women
  • ​​M.O.OMAHA Rates For ​Men

​*Rates are based on a non-tobacco female with a preferred health rating looking for a 20 Year Term.

​AGE

$250,000

$500,000


25 Years Old


$​12.04


$17.85


30 Years Old


$1​2.26


$1​8.28


35 Years Old


$12.25


$20.00


40 Years Old


$​17.63


$2​8.17


​45 Years Old


$25.16


$​41.93


50 Years Old


$​3​5.69


$​61.71

As you can see, you can get a ton of coverage for a very affordable rate, to get the best rate you should look at different term lengths and coverage option combinations.

​​Please remember that the rates are going to be different for everyone based on your exact age​ and health but the above rates are pretty close to your real rate.

*Rates From $​9.07/month (​30-Day Free Look Period)
​*Rates based on an 18 year old female buying a 10 Year $100,000 term policy, she is in excellent health and a non-tobacco user.


​10. ​​AIG

aig logo

AIG​ makes it in at 10th place for being another one of the best places to buy life insurance. 

​What makes AIG stand out is the ability to have non­standard term lengths. For example, you can choose a term of 18 or 19 years instead of the ​usual 20 year term.

You can also customize your policy with a wide range of riders.

aig homepage

Features & Benefits

Some reasons why ​AIG made the cut:

  • ​Non-Standard Term Lengths - (21 or 22 Year Terms)
  • ​​Above Average Approval Speed
  • ​Secure And Simple Online Application
  • ​​Policy Delivered via Email
  • ​​Good Rates For ​Diabetics
  • ​30 Day Money Back Guarantee

American International Group or AIG Life ​was founded in ​December of 1919 which makes it 100 years old. ​

They are one of the largest life insurance companies in the world and are operating in more than over 80 countries,

AIG Life Insurance Company has ​a rating of A (​Excellent) from A.M. Best.

​AIG Reviews (3.8/5) 

AIG has an A+ rating with the BBB and also a 1-star ​review ​based on 1 ​customer ​review.

AIG In general has dealt with a bail out in the past; however, they have paid back all the money borrowed as well as all of the interest.

​The AIG life insurance division doesn't currently have any complaints but entire AIG company does have a different BBB Profile with different complaints.

aig bbb

Want to learn more? Read our full AIG review here.

Sample Quotes & Rates

​AIG also has very affordable rates when it comes to fully underwritten term life insurance.

  • ​AIG Rates For ​Women
  • ​AIG Rates For ​Men

​*Rates are based on a non-tobacco female with a preferred health rating looking for a 20 Year Term.

​AGE

$250,000

$500,000


25 Years Old


$11.33


$16.67


30 Years Old


$11.54


$17.27


35 Years Old


$12.25


$18.37


40 Years Old


$​16.09


$25.84


​45 Years Old


$2​3.06


$38.​47


50 Years Old


$​32.​02


$58.01

​Remember that ​rates are going to be different for everyone based on your exact age​ and health but the above rates are pretty close to your real rate.

​You can get a large amount of coverage for a very affordable rate, to get the best rate you should look at different term lengths and coverage option combinations.

*Rates From $​14.00/month (30-Day Free Look Period)
​*Rates based on an 18 year old female buying a 10 Year $100,000 term policy, she is in excellent health and a non-tobacco user.


​Bonus - Transamerica

transamerica logo

Transamerica​ is our first Bonus company, it didn't make the top 10 but it is still worth a mention. 

Transamerica has affordable term life policies with some excellent temporary coverage options as well.  

 ​They have some of the best rates for any type of medical situation, there are multiple insurance options including no exam. 

transamerica homepage

Features & Benefits

Some reasons why Haven made the cut:

  • ​​Multiple Policy Options
  • ​Faster Than Average Approval Speed
  • ​Secure And Simple ​Electronic Application
  • ​Short Application Forms
  • ​30 Day Money Back Guarantee

What makes ​Transamerica different is their products are for people who might not have the best health profile.  

They also have a huge variety of different product types such as 10 Pay whole life insurance.

Transamerica was founded in ​1906 which makes it over 112 years old, and believe it or not, the same guy who founded Bank Of America, also is the founder of Transamerica. 

One of the best things about this life insurance company are all of the policy options available.

​Transamerica is rated A+(​Superior) by A.M. Best.

​Transamerica Reviews (3.8/5) 

​Transamerica is not accredited with the BBB and currently has an A- rating with them.

They currently have a ​2 - star rating out of 59 customer reviews and ​have had over 415 complaints in the last 3 years and 158 in the last 12 months.

​You might want to look into what all the complaints have been about before moving forward with Transamerica.

transamerica bbb

Sample Quotes & Rates

​Transamerica also has very affordable rates when it comes to term life insurance with no medical exam.

  • ​transamerica Rates For ​Women
  • ​Transamerica Rates For ​Men

​*Rates are based on a non-tobacco female with a preferred health rating looking for a 20 Year Term.

​AGE

$250,000

$500,000


25 Years Old


$11.40


$1​8.49


30 Years Old


$1​3.55


$​20.64


35 Years Old


$12.25


$​26.23


40 Years Old


$​​21.72


$​34.83


​45 Years Old


$2​7.52


$​48.59


50 Years Old


$​​40.64


$​73.10

​Rates are going to be different for everyone based on your exact age​ and health but the above rates are pretty close to your real rate.

As you can see, you can get a ton of coverage for a very affordable rate, to get the best rate you should look at different term lengths and coverage option combinations.

*Rates From $7.33/month (30-Day Free Look Period)
​*Rates based on an 18 year old female buying a 10 Year $100,000 term policy, she is in excellent health and a non-tobacco user.


​Bonus - Prudential​

prudential logo large

​​Even though Prudential comes in as our ​last Bonus company it doesn't make it any less of a great life insurance company.

​Prudential ​ is ​one of the best life insurers in terms of underwriting ​customers with complicated medical histories, including cancer and diabetes.

They were ​even the first life insurance company to offer ​insurance to customers who were HIV Positive. 

prudential home page

Features & Benefits

Some reasons why ​Prudential made the cut:

  • ​Up To $2,000,000 In Coverage​ Available
  • ​Fast Application Approval Process
  • ​Short Application Forms
  • ​Covers People With HIV
  • ​30 Day Money Back Guarantee

​Prudential was founded in ​1875 which makes it over 142 years old.

​They have been named the best life insurance company by ​Fortune and are one of the oldest life insurance companies in America.

​Prudential is rated A+(​Superior) by ​A.M. Bestfor their financial strength and claims paying ability.

​Prudential Reviews (3.5/5) 

​Prudential has received ​some pretty harsh reviews when it comes to some of their financial products outside of insurance.

They have great products but seem to be lacking a bit in customer service and they also send your policy in the mail which is pretty outdated.​

Even thought they aren't accredited, they ​still have a B rating with the BBB  and 57 closed customer complaints over the last 3 years and 49 complaints close over the last 12 months.

prudential bbb rating

Sample Quotes & Rates

​Prudential also has very affordable rates when it comes to term life insurance with no medical exam.

  • ​Prudential Rates For ​Women
  • ​Prudential Rates For ​Men

​*Rates are based on a non-tobacco female with a preferred health rating looking for a 20 Year Term.

​AGE

$250,000

$500,000


25 Years Old


$​16.41


$​25.38


30 Years Old


$1​7.28


$​27.13


35 Years Old


$12.25


$​28.00


40 Years Old


$​22.53


$37.63


​45 Years Old


$2​9.09


$​50.75


50 Years Old


$​​40.03


$72.63

​Again, keep in mind that the rates are going to be different for everyone based on your exact age​ and health but the above rates are pretty close to your real rate.

​You can get a ton of coverage for a very affordable rate, to get the best rate you should look at different term lengths and coverage option combinations.

Pro Tip:​ ​Prudential is the best option if you have a pre-existing condition.

*Rates From $8.50/month (30-Day Free Look Period)
​*Rates based on an 18 year old female buying a 10 Year $100,000 term policy, she is in excellent health and a non-tobacco user.


Who Should Buy A ​Term Life Policy

​Everyone needs life insurance coverage, but especially if you are: 

​Term life insurance is going to be the best way to protect the financial future of your family.

​​Term Life Insurance Companies Ratings

Financial standings and ratings are one of the most important factors mentioned above when trying to determine which life insurance company to choose. 

This is because their rating is determined based on their financial health and claims paying history and ability.

You want to be sure that you are with a company that will be able to pay their claims if you pass away. 

Below is a chart showing how A.M. Best rates insurance companies.

am best

Take Action - You Decide

​So there you have it, the 10 best life insurance companies in 2019 with a few added bonuses.  

I hope you all enjoyed our review and are more educated on which company will work best for you with no exam life insurance. 

​Be sure to get covered as soon as it is possible and feel free to apply to more than one company if you can't decide which one to choose, because it doesn't cost anything to apply.

There is nothing better than peace of mind!


Sa El is the Co-Founder & CEO of Simply Insurance. He is a Licensed Life and Health Insurance Agent with over 11 years of experience in the industry. He is an Entrepreneur, Insurance Educator and Field Underwriter. Sa is on a Journey to get 1 Million Families insured.

All posts by Mark Mathon

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