Whether you are looking for a term life insurance policy or a permanent life insurance policy, there are certain benefits you can look forward to when you buy a policy from Haven Life Insurance. Here are some of them:
Instant Term algorithms may be able to give you immediate approval
Using a fancy algorithm to scan your medical records for patterns of predisposition, Haven Life’s Instant Term may have you covered for less than the cost of a cup of coffee and a new shirt. As a matter of fact, if you are under the age of 59, you might be eligible for a free quote. This is a big change from years past, when you would be lucky to get an e-mail. As of press time, the company had more than 300,000 customers, making them one of the largest life insurers in the country.
While the company has received some flack in the past for its lack of customer service, Haven Life is a tech savvy organization that knows how to make a splash. Its website touts a top-notch mobile app that makes the whole process painless. It also boasts a well rounded support staff of insurance professionals. A few years back, Haven Life teamed up with Massachusetts Mutual to create the first digital life insurance company in the country.
Instant Term policies don’t require a medical exam
Purchasing life insurance without a medical exam can be a wise choice for people who are older or have a history of chronic health conditions. It can also be useful for people who aren’t comfortable taking lab tests. However, this type of policy can cost more than conventional policies.
The average cost of no exam life insurance varies based on the type of policy, the amount of coverage, and the applicant’s age. Generally, the cost is higher for policies with more coverage.
Haven Life is an online life insurance company. Customers can obtain a quote and start temporary coverage in as little as a few minutes. They can also request a medical exam to finalize their coverage.
Haven Life is backed by MassMutual, one of the largest life insurance companies in the U.S. They are rated A++. They offer a variety of policies, including instant issue and term life insurance, with coverage amounts ranging from $250,000 to several million dollars.
Instant Term policies aren’t available in all states
Using the instant-approval term life insurance route is a great way to get the life insurance coverage you need without having to deal with the hassles of a traditional life insurance application. But before you go out and sign up for one of these policies, there are a few things you should know about them first.
The first thing you should know is that instant-approval term life insurance is not a good idea for everyone. If you have a preexisting medical condition, a policy will likely not be able to provide you with the coverage you need. However, if you are young, healthy and in good health, it may be the perfect solution for your family.
For the instant-approval route, you should be able to get a policy in a matter of days. To do this, you will need to provide basic personal information and have an agent assist you with the application process. Most providers will accept credit cards or automatic bank drafts.
Instant Term policies aren’t available to individuals under the age of 59
Term life insurance is one of the most popular forms of insurance. When you apply for life insurance, you have to give your insurance provider information on your lifestyle, health, and family history. This information is used to determine whether you can qualify for a policy. If you are able to qualify, you may be able to find a policy that offers competitive rates.
For people who are looking to purchase term life insurance, Haven Life offers a variety of options. These include Haven Term, Haven Term Simplified Product, and Haven Life Plus. The Haven Term offers coverage for people ages 18 to 64, and Haven Term Simplified Product offers a 100% no medical exam policy.
Haven Term is a term life insurance policy issued by Massachusetts Mutual Life Insurance Company. The policy is rated A++, which indicates the insurer’s financial strength. The policy is available to policyholders in eligible states. The Haven Life Plus rider provides access to benefits including discounts on MinuteClinic services and healthy lifestyle apps.