Bestow Insurance is a company that provides health insurance for individuals and families. The company offers a wide variety of health insurance plans that are both affordable and high-quality. Their health insurance reviews have been very positive. They have a 4.6/5 star customer rating on TrustPilot and an A+ rating from A.M. Best. This company offers a 30-day free look period and a minimum coverage amount of $50,000. If you have any questions about their insurance, contact them directly.
The minimum coverage amount is $50,000
Bestow is an insurance company with a simple but effective online application process. Their accelerated underwriting system provides for speedy approvals. They also offer a 30-day money-back guarantee. The company’s website also offers various educational articles, a blog, and a FAQ section.
The company’s minimum coverage amount is relatively low, at only $50,000. However, it’s not a bad deal for younger people. For example, a healthy 32-year-old non-smoker can purchase $500,000 in coverage over a 20-year term for just $18 per month.
While Bestow has no medical examination requirement, you may need to provide some personal information to get approved. Its claims processing department works fast, and your policy can be in place within five minutes of completing the application.
No medical exam is required to apply
You don’t have to undergo a physical exam to get life insurance with Bestow. The company’s term life policies are easy to understand and can be a great option for people with good health. They offer an instant approval process for most applicants.
You can also call customer service for additional assistance. There are multiple ways to contact them, including live chat and email. If you have questions about your policy, the customer service team will be happy to help.
Using accelerated underwriting, Bestow can quickly approve or deny you a policy. This means you can be a candidate for life insurance in just a few minutes. It also allows you to choose the amount of coverage you need.
30-day free look period
Bestow is a new life insurance provider. They were founded by Melbourne O’Banion and Jonathan Abelmann. Both of them reached the age of responsibility and decided to start a business.
The company offers term life insurance policies. Its products have an A+ financial rating. Customers can benefit from guaranteed death benefits and a 30-day money-back guarantee. These policies do not require medical exams or riders.
Bestow’s rates are lower than most companies. They start at $10 a month. However, they are not available to individuals over the age of 59. Applicants are required to complete a short online application.
The Bestow website is easy to navigate. It has a blog section, FAQs, and a quote tool. Users can also contact the company via live chat or email.
A+ rating from A.M. Best
Bestow Insurance offers term life insurance policies. These policies offer coverage from $50,000 to $1.5 million. The policies are offered to people ages 18 to 60. They do not require a medical exam.
In 2020, Bestow acquired Centurion Life Company. In the future, they plan to sell their products nationally. But right now, they are selling only term life.
When getting the best policy, you should do your homework. You want to make sure the company you are purchasing your policy from is financially stable. Fortunately, you can get a sense of this from major credit rating agencies.
AM Best rates companies in 15 different categories. Bestow’s A+ rating indicates that the company is able to handle financial obligations. This means you can rest assured that the company will be able to pay your life insurance claim if you die.
4.6/5 star customer review rating on Trustpilot
Bestow offers simple and affordable term life insurance. The company is based in Dallas, Texas, and was started by serial entrepreneurs. Its application process is easy and convenient.
Applicants must complete an online application with basic health information. They then receive a quote within minutes. If they qualify for the policy, they will receive a confirmation email.
The cost of a Bestow policy will depend on your age and health. Policies vary in length, with the option to select between 10, 15, 20, or 30 years of coverage.
Bestow has policies available in 49 states. Coverage is available for up to $1.5 million. Rates range from $10 to $11 per month. This is a very competitive rate, especially when compared to traditional life insurers.