Get Instant Return Of Premium Life Insurance Quotes Online

Money back life insurance quotes and coverage in under 5 minutes. No personal information needed.

  • Up To $1,500,000 In Coverage - No Physical Exam
  • Up To 100% Of Your Premiums To Be Returned At The End Of Term
  • Secure and Simple online Application
  • No Meeting With Agents Or Pushy Sales Calls
  • 30 Day Money Back Guarantee

Return Of Premium Life Quick Facts


Return of premium term gives you the ability to get covered super fast at very affordable rates.  You will also get all of your money back at the end of the term. 


Monthly premiums are slightly higher since the insurance company is going to return your premium and give you instant life insurance quotes. We do a premium comparison below. 

Who Is It For

Return of premium life insurance  is best for people who want their money back at the end of their term.  Also good for people who aren't good at saving.

What Is Return Of Premium Life Insurance?

As we like to say, "In Plain English," It's simply, life insurance that returns all the premiums you paid into the policy at the end of your term.  If you pass away during your term the policy pays out 100% of the death benefit.  Think of it as a free life insurance policy with a savings account.

How Does Life Insurance With Return Of Premium Work?

Unlike term life insurance quotes and coverage; the Endowment Benefit Rider provides for a return of premium benefit that is paid to the owner upon termination of the policy for any reason other than death of the insured.

The Endowment Benefit is paid to the owner at the end of the term period.

So, if you have a 20 Year $100,000 Return Of Premium Policy and you are paying $75.00 per month.

If you pass away before 20 years, the policy will pay out the $100,000 to you in a death benefit.

However, if you live past the 20 years, the insurance company will cut you a check for all the premium payments.  In this case it would be $18,000. 

Also, you will not be required to do an exam, you will get only one of two answers:

Approved: You have been medically approved for the policy and can pay for it for immediate coverage.

Declined: You have not been medically approved for the policy and have to find coverage though another company.

But here's the thing: 

"No Physical" doesn't mean "No Underwriting", you are still going to go through a real-time  underwriting that will include:

These reports are used together to determine your ability to be insured.

  • MIB Check - This is going to check to see if you have any history with past insurance companies or have applied for coverage recently. 
  • MVR Check - This will be used to determine if you are a reckless or crazy driver.  Mainly looking for things like a DUI or DWI.
  • Prescription Check - This check will be used to make sure your statements match the prescriptions you take.

How Long Does It take to get covered?

The best thing about the return of premium insurance policy we are offering is that you can have coverage in as little as 10 minutes.  

This is completely 100% different from what traditional life insurance policies can offer because of real-time underwriting.

Even though the time for approval with policies that require an exam have become much lower it is still is no where near as fast as 10 minutes for an approval.

What Type Of ROP Quotes Do You Offer?

Simply Insurance offers a wide variety of affordable life quotes online that won't require an exam and will return your premiums. 

  • 20 Year Term: Ages 15-60 (18-55 for smokers)
  • 30 Year Term: Ages 15 - 50

Real Time Underwriting For No Physical Return Of Premium Life

Real time underwriting, also known as accelerated underwriting, is a new process that gives the insurance company the ability to determine your insurability while you are completing  your life insurance application. 

It does this by accessing some of your information through a few databases such as  your Motor Vehicle Report, your Prescription Drug Report, and your MIB report. 

You will either be instantly approved and immediately receive your policy or you will receive an email notifying you that your application is under review;; there is no life insurance underwriting process that is faster.

Simplified Issue Life has unlocked a whole new type of sub industry inside the life insurance space by mixing tech with life insurance, so if you have been holding off on life insurance because of the long process, or you are dealing with life insurance and divorce, then this is the best product for you. 

It really is simple enough not to need any widgets or a life insurance calculator to make an informed purchasing decision and guess what, you don't need a checking account or savings account to purchase coverage, you can use your credit card.

The only thing about this policy is that it currently doesn't have any living benefits attached to it, but that could change very soon.

What Does Money Back Life Insurance Cover?

Like a traditional term life insurance policy, a return of premium rider covers the same thing and the payout is another form of a lump sum payment, once it's paid out to your beneficiary they can use it to pay for anything.

Here is a list of a few things you can do with a life insurance payout:

  • Pay Off Your Mortgage
  • Get rid of your car note
  • Clear credit card debt
  • Cover Kids College Expenses
  • Pay Taxes
  • Pay Daily Living Expenses
  • Use As Income Replacement
  • Invest (Here are 30+ Ways To Invest)
  • Cover Child Care Expenses
  • Pay final expenses of the insured

Life Insurance With Return Of Premium rates by age

If you are looking for the best life insurance rates with a return of premium rider based on your current age then check out some of our quick sample rates below:

Term Life With The Endowment Benefit Rider Rates For Men (Sample Rates)


20 Year Term

30 Year Term

25 Years Old



30 Years Old



35 Years Old



40 Years Old



45 Years Old



*Rates are based on a 250,000 Term Life Policy With The Endowment Benefit Rider - Non-tobacco Male with a preferred health rating 

Term Life With The Endowment Benefit Rider Rates For Women (Sample Rates)


20 Year Term

30 Year Term

25 Years Old



30 Years Old



35 Years Old



40 Years Old



45 Years Old



*Rates are based on a 250,000 Term Life Policy With The Endowment Benefit Rider - Non-tobacco Female with a preferred health rating 

The Biggest Myth About The Cost Of Life Insurance With Return Of Premium

The biggest myth about the cost of life insurance is that it's too expensive.  

A recent study from LIMRA found that 63% of people said they wouldn't get life insurance coverage because of its cost.

However, the same study found that life insurance policy quotes are 80% than what people thought they were.  

You will also find that the longer term length you purchase, the lower the premiums become. 

This is mainly because if you have the policy for a longer period of time, the rates per thousand decrease. 

Don't hold back, it is more affordable to buy term life insurance online without exams than you think.

How Much Life Insurance Do You Need?

Some of the best insurance companies allow you to purchase up to 30x your annual income, but we recommend that you have at the least 10x your annual income in any type of life insurance.

So if you make $50,000 / year, a policy for $500,000 would be our suggestion. 

Just remember to buy life insurance that you can afford.

If the no medical life insurance premium of 10x your annual income is too ex pensive for you, go down to 5x your income, just make sure you can cover your beneficiaries life insurance needs.

When you are looking at any of our no medical life insurance quotes you can always start off with the lowest term length for the maximum amount of coverage.

Once you submit your application, email or call 415-855-4331 to express interest in adding the return of premium option to your policy. Once your application is approved, you will receive an updated quote with your return of premium rate.

Return Of Premium vs a Traditional Life Insurance Policy

Even life insurance that requires an exam will be more affordable than a Return of premium policy; however, the primary difference is going to be in hat will happen when your term ends.

Let's look at the example below, while the Return Of Premium or (ROP) Term policy is much more expensive, let's see what happens when each term ends.

Traditional Life Insurance
(Life Insurance With Exam & No Money Back)

Gender: Male
Age: 35
Health Rate: Preferred 
Smoker: No 
Length of Coverage: 20 Years 
Coverage Amount: $250,000
Monthly Life Insurance Rate: $18.06 
Amount Paid Over 20 Years: $4,333.40

Premiums Returned At Term End: $0
*Plan Rates And Options Provided By Haven Life

ROP Term Life Insurance
(Life Insurance That Returns Your Money)

Gender: Male
Age: 35
Health Rate: Preferred 
Smoker: No 
Length of Coverage: 20 Years 
Coverage Amount: $250,000 
Monthly Life Insurance Rate: $51.00
Amount Paid Over 20 Years: $12,240.00

Premiums Returned At Term End: $12,240.00
*Plan Rates And Options Provided By Ethos Life

Compare ROP insurance costs to other monthly expenses

Monthly Cost

Buying Shoes


Daily Coffee


Cell Phone Bill


Wine Clubs


ROP Life Policy


*Life Insurance Rates are Based on a 20 Year $250,000 Term Policy for a 33 Year Old Male

Can I get Term life online That Will Return My Money? 

If you are looking to shop for life insurance online  that doesn't require you to see a doctor, and will return your money, then you have come to right place.

We have made it easy to apply for life insurance online with a return of premium rider through some of the most technologically innovative insurance carriers and companies in the nation.

Our partners make buying a policy without an exam, incredibly easy and affordable with instant online term life quotes and instant approvals.

You won't find another product and company that will make your insurance coverage a priority.

With our non-medical term life plan and Endowment rider, you can get covered super fast and spend more time on other things you care about.

Don't be shy, get some life insurance quotes today to get covered for your loved ones with our A rated Carriers through AM Best.