What we like:
The ability to pay with credit cards or Apple Pay
| Type of Life Insurance | Term life insurance |
| Coverage | $50,000 – $1 million |
| Term Length | 10 or 20 years |
| Age Limits | 21 – 54 |
Bestow launched in 2017 and has two offices in Dallas and Austin, Texas. The company takes a more modern approach to life insurance coverage, offering a simple online application and fast approval without requiring a medical exam.
This Bestow review details the costs, coverage, and requirements of the company’s term life insurance product.
In this review:
- How much do Bestow’s policies cost?
- What does Bestow offer?
- Requirements to get insured
- Where is Bestow available?
- Bestow customer service
How much do Bestow’s policies cost?
The cost of Bestow’s life insurance depends on various factors, including:
- Age
- State of residence
- Smoking status (nonsmoker or smoker)
- Other medical history details
Bestow reviews these factors with each application to determine eligibility.
No medical exam is required, but the company uses an algorithm to determine an applicant’s risk before providing a monthly payment quote.
For a 40-year-old male in good health who doesn’t smoke and requests a $1 million policy for 20 years, Bestow’s online form quotes a monthly premium as low as $43.
What does Bestow offer?
Bestow offers plans for 10 to 30 years with coverage ranging from $50,000 to $1 million. These policies are more popular among individuals and families who want coverage for an extended period to cover larger financial needs, such as a mortgage balance or future college costs for children.
The coverage and premium are fixed for the length of the term. No add-ons or special features are available.
Requirements to get insured
No medical exam is required for a Bestow life insurance policy, but other requirements apply. Applicants must be between ages 18 and 59 to qualify for a policy and in relatively good health. Your occupation, income, and current life insurance coverage can also affect your eligibility.
Where is Bestow available?
Bestow offers term life insurance nationwide, excluding New York.
Bestow customer service
Bestow makes it easy to get in touch if an applicant or policyholder has questions. The company offers customer care support over the phone at 1-833-300-0603 and via live online chat. Customers can email Bestow at [email protected] with questions about policy coverage, premium payments, or the application process.
Bestow has a Better Business Bureau (BBB) rating of A, which is strong. Bestow’s policies are provided by North American Company for Life and Health Insurance, an insurance carrier rated A+ (Superior) by A.M. Best.
Is Bestow right for you?
Bestow may be a smart choice for easy-to-access term life insurance policies. The streamlined application, short health questionnaire, and no medical exam make it easy for applicants to get the coverage they need if they meet eligibility requirements.
However, because Bestow only offers term life policies for 10 or 20 years, it may not suit everyone. Those seeking other types of insurance, such as a whole life policy or universal life policy, should look elsewhere for coverage. Getting life insurance quotes from several life insurance providers to compare pricing and coverage before making a final decision is always a good idea.
If you want to compare other options, check out our guide to the best term life insurance.
To learn more about Bestow, check out its website.
- Monthly premium: As low as $16
- Coverage: $50,000 – $1.5 million
- Term lengths: 10 – 30 years