Bestow Life Insurance Review
Bestow is an online life insurance agency offering term life insurance. The agency has created a streamlined application process that can be completed in minutes, without the need for a medical exam.

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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 the need for 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 Policies Offered by Bestow Cost?
- What Does Bestow Offer?
- Requirements to Get Insured
- Where is Bestow Available?
- Bestow Customer Service
How Much Do Policies Offered by Bestow Cost?
The cost of life insurance offered by Bestow depends on various factors. Applicants will be asked about their age, state of residence, smoking status (either non-smoker or smoker), and other details about their medical history.
Bestow reviews these factors with each application it receives to determine eligibility.
Although no medical exam is required, the company uses an algorithm to determine an applicant’s risk before it provides a quote for monthly payments.
For a 40-year old male, in good health, who does not smoke and is requesting a $1 million policy for 20 years, Bestow’s online form quotes a monthly cost as low as $43.
>> Read More: Is Term Life Insurance Worth It?
What Does Bestow Offer?
Bestow offers 10- or 20-year plans 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. There are no add-ons available or special features that cost more each month.
Requirements to Get Insured
There is no medical exam required for a life insurance policy offered by Bestow, but other requirements apply. Applicants need to be between the ages of 21 and 55 to qualify for a policy and must be in relatively good health. Your occupation, income, and any existing life insurance coverage you may have can also affect your eligibility.
Where is Bestow Available?
Bestow currently offers term life insurance nationwide, excluding New York.
Bestow Customer Service
Bestow makes it easy to get in touch should an applicant or current policyholder have questions. The company offers customer care support over the phone at 1-833-300-0603, as well as via live online chat. Customers can also email Bestow at [email protected] with questions about policy coverage, premium payments, or the application process.
Currently, Bestow has a Better Business Bureau (BBB) rating of A, which is strong. Policies offered by Bestow are provided by North American Company for Life and Health Insurance, an insurance carrier rated A+ (Superior) by A.M. Best.
Bottom Line: Is Bestow Right for You?
Bestow may be a smart choice for those looking for easy-to-access term life insurance policies. The streamlined application, combined with the short health questionnaire and no medical exam, makes it easy for applicants to get the coverage they need, so long as they meet eligibility requirements.
However, because Bestow only offers term life policies for 10 or 20 years, it may not be the right fit for everyone. Those looking for other types of insurance, like a whole life policy or a universal life policy, need to look elsewhere for coverage. It’s always a good idea to get life insurance quotes from a few different life insurance providers to compare pricing and coverage before making a final decision.
If you want to compare other options, check out our guide to the best term life insurance.
If you want to learn more about Bestow, check out its website.
Monthly Premium
As low as $8
Coverage
$50,000 – $1 million
Term Lengths
10 or 20 years
Author: Melissa Horton
