Bestow was founded in 2016. Its headquarters are in Dallas, Texas. is one of the best insurance company providers.
Bestow Insurance ranked
Second on the list of the Best Life and Term Insurance Companies for 2022.
If you’re searching for reasonably priced term life coverage, Bestow is a good option. You may select a term length of 10, 15, 20, 25, or 30 years for its plans, which are available to those between the ages of 18 and 60.
Every step of the application procedure is done online. During the application process, Bestow will also review your driving history, medication history, credit report, and any prior efforts to purchase insurance in place of a medical test.
The lowest and maximum coverage limits that Bestow is now offering are $50,000 and $1,500,000, respectively. There aren’t any riders available right now. Consider Bestow’s rivals if you need larger limits or to add to your existing coverage.
In conclusion :
the company is a solid competitor if you’re looking for term life coverage, aren’t 60 or older, and don’t want a large coverage level. Bestow provides a 30-day money-back guarantee, during which time you will receive a complete return. and is not likely to be a good fit for you if you prefer to deal with an agent or speak to a live person because it is digital.
To evaluate if you should purchase a policy, see our guide : What is the best Life Insurance for my familly?“
How Much Does the company Cost?
BBestow’s typical rates for term life insurance are among the more cheap ones among the other companies we reviewed on our website.
The price of coverage often varies and is dependent on several circumstances specific to you, including your age, health, medical history, gender, place of residence, family health history, and interests. Your rates may be affected by additional elements, such as your way of life and participation in dangerous activities. The length and degree of coverage you select will also affect the cost.
If you’re on a tight budget, it makes sense to look around for the least expensive coverage for you. Get quotations based on the same factors and coverage amounts while doing so. This will enable you to compare rates side by side.
Examples of the monthly base premiums for term life insurance from Bestow for a policyholder in excellent health:
How Much Does the company cost for a senior?
If you’re 60 or older, you won’t be able to since Bestow only offers life insurance coverage for those between the ages of 18 and 60. You’ll have to go elsewhere for coverage. Typically, as you age, the price of your life insurance will rise.
How Much Does the company cost for smokers?
Bestow does not have the same age limits that other insurance providers have for smokers looking to get a policy. Because smoking is viewed as a dangerous lifestyle choice, life insurance plans for smokers are often more expensive than for non-smokers.
Examples of the monthly basic premiums for term life insurance from Bestow for a smoker include:
Options For Term Life Insurance From Bestow
Based on many factors and criteria, Bestow was featured in our list of the Best Term Life Insurance Companies of 2022. Bestow offers term life insurance products with premiums ranging from $50,000 to $1,500,000. At the time the insurance is bought, the insured individual must be between the ages of 18 and 60. Terms from 10 to 30 years are available in 5-year increments. You may apply for coverage of up to $1 million if you’re between the ages of 50 and 60.
Although policies are not renewable, if your existing one is about to expire you may apply for a new one. If you want to avoid a coverage gap, you can apply for new insurance before your existing policy expires.
*How can I get life coverage via the company?
The whole application process—from the first quote to the last approval—takes place online. You may get in touch with one of Bestow’s authorized representatives via phone, email, or the live chat option if you have any questions. You can attempt to use their chatbot to look for solutions if it’s after business hours.
By responding to a few simple questions about yourself, you may request a quotation online. Keep in mind that the initial quotations are just approximations. You won’t get a formal estimate on your chosen coverage unless you apply and provide information about yourself, including your citizenship, medical history, lifestyle, and interests. You’ll also need to provide information about your beneficiaries, the duration of your term, and the level of coverage you desire.
Before applying, you should be aware of your basic physical characteristics, including height, weight, and health history, as well as the particulars of your family’s medical background.
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