Our Verdict
4.8
Death can be emotionally and financially devastating. Vantis Life Insurance Company offers term and whole life insurance policies to help your loved ones cope.
Death benefits can provide funds to pay debts, cover funeral expenses, and replace lost income.
In this Vantis Life Insurance Company review, we'll take an in-depth look so that you can make the best choice for your life insurance.
Pros
Cons
Who Is Vantis Life?
The Vantis Life Insurance Company, a subsidiary of Penn Mutual Life Insurance Company, broke into the insurance industry in 1942 with specializations in affordable annuities and life insurance.
The company's mission is to provide families with a simplified insurance experience through easy-to-understand products and personable service.
While Vantis Life has made a name for themselves in the life insurance market, they don't rank as one of the 100 largest insurance providers in the United States.
None the less, the company currently manages more than $4.9 billion in active policies and $674 million in annuities.
Vantis Life recently earned the BISA Technology Innovation Award for outstanding underwriting technology and digital payment processing.
This award recognizes innovative financial institutions that push developments across platforms, services, and products.
Vantis Life also holds an A+ rating from A.M. Best, which is the second-highest possible score out of 16.
THE SIMPLY INSURANCE WAY
Life Insurance made easy.
Agents not required.
Get quotes and sign up online without talking to an agent. But, we are here if you need us.
Unbiased, expert advice.
Get unbiased insurance education from licensed experts and also avoid dodgy sales calls.
Coverage in minutes.
You can get life insurance coverage within minutes of getting your quotes and applying.
What Makes Vantis Life Insurance Different?
Vantis Life stands out for its approach. The company has shifted to direct-to-consumer digital marketing that makes finding and buying insurance more accessible.
It's marketing campaigns paint middle-class families with life insurance as the backbone of America.
Their accelerated underwriting process is also a significant benefit of choosing Vantis Life.
That streamlined application process is available for policies with and without medical exams.
The company also recently doubled down on customer service, making it a central tenant of its business.
This startup mentality is why prospective consumers are hard-pressed to find negative Vantis Life Insurance Company reviews.
INSURANCE WHERE YOU LIVE
Life insurance by state.
">Features & Benefits
Velocity Term Life Insurance
Velocity Term Life Insurance offers a cost-effective solution that covers premature death.
Velocity products come with real-time processing and underwriting, so there is minimal downtime after application submission. Coverage ranges from $50,000 to $2 million.
Term life insurance provides temporary coverage with ten-year terms costing roughly half as much as a 30-year plan.
The policies remain active as long a policyholder continues making payments.
Applying for Velocity Term Life Insurance requires a brief survey that asks about health, family history, job, and interests.
Vantis Velocity Term ROP
Vantis Velocity Term ROP provides similar protection to a standard term policy. The difference is the Return of Premium (ROP) allows you to earn money back.
Vantis Life pays 100% of your paid premiums during the level period, where the price remains the same.
You can take out 20-, 25-, or 30-year Vantis Velocity Term ROPs. The reimbursement is tax-free as long as you outlive the terms. Note that there are additional fees and premiums built into the coverage.
Guaranteed Golden Final Expense Insurance
Guaranteed Golden Final Expense Insurance, also known as burial insurance, covers end-of-life expenses.
Applicants must be 50 to 80 years old to apply, though precise ages vary from state to state.
Each policy comes with a guaranteed death benefit that beneficiaries can use to pay funeral, medical, credit card, and tuition bills.
Vantis Life fixes the premiums and coverage for as long as the policy is active. There are no medical exams, and you'll receive a refund if you're not satisfied within the first 30 days.
Vantis Life offers flexible payment dates, too.
Velocity Whole Life Flex Complete
Velocity Whole Life Flex Complete is the most comprehensive insurance coverage Vantis Life offers. It protects the entire family.
There are even options to add terminally or chronically ill riders without increasing your premium.
This feature lets you access a portion of the death benefit if you have cancer, ALS, or HIV/AIDS.
Vantis whole life insurance comes with built-in cash value that you can defer for tax purposes.
Coverage limits go up to $1 million and come with Vantis Life’s real-time underwriting. You can upgrade or supercharge your coverage for an additional fee.
Vantis Life Insurance Availability
Vantis Life products are available through independent insurance agencies across the United States, excluding Connecticut, Massachusetts, and New York.
Note that terms and conditions are subject to change based on the state.
Vantis Life also has some restrictions.
For instance, whole life insurance coverage is only available for people between the ages of 50 and 80.
However, you can purchase term life insurance as young as 21 years old without a medical examination.
THE SIMPLY INSURANCE WAY
Life Insurance made easy.
Agents not required.
Get quotes and sign up online without talking to an agent. But, we are here if you need us.
Unbiased, expert advice.
Get unbiased insurance education from licensed experts and also avoid dodgy sales calls.
Coverage in minutes.
You can get life insurance coverage within minutes of getting your quotes and applying.
Claims Process & Guarantee
Surprisingly, there is very little information online regarding the Vantis Life claims process.
What is known is that, unlike most life insurance companies that allow online claims, Vantis Life doesn't provide an online portal or information.
They don’t even offer the necessary forms online.
Your beneficiaries will need to contact the customer service team at (860) 826-8471 to file a claim.
Taking Action
Vantis Life has repositioned itself in a languishing industry.
Their savvy marketing campaigns and emphasis on customer service make them ideal to meet the insurance needs of middle-class families.
Quick application times and affordability make their policies attractive, regardless of age or health.
However, their lack of online accessibility may be a drawback for some applicants.
In short, Vantis Life is not perfect, but their policies are worth consideration. Click here to get a quote and get started today.
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