Haven Life Insurance: Only 20 Minutes to Digital Insurance With Haven Life

Traditionally, applying for life insurance is a pain. Many companies require medical exams, forcing you to set valuable time aside for a visit. Then there’s the paperwork, which takes even more time to fill out, review and submit. After that, you have to sit patiently, waiting and waiting for approval.

Haven Life is changing that concept completely. Instead of taking up your time filling out forms and scheduling doctor’s appointments, you supply the team with information via the website and your application gets reviewed immediately.

Haven Life Insurance Review

Haven Life insurance is changing the way people purchase insurance. The beauty of the system is its focus on term life insurance. Since the company only offers a single product, it can simplify the application process so it takes as little as 20 minutes to complete.

Term life insurance grants your beneficiaries a payout if death occurs within the specified time window. Since coverage doesn’t last the entire length of your life, premiums can be substantially lower and Haven Life keeps the application uncomplicated by a multitude of options. This allows for the ability to provide you with an instant quote and approval just as quickly.

Haven Life Insurance Benefits

1. Terms of Endearment

Backed by Mass Mutual, an institution with over 160 years of experience, Haven Life brings you excellent and affordable term life insurance quickly. The site guides you through multiple options of standard 10-, 14-, 20- or 30-year plan lengths with coverage up to $3 million. No matter the plan, you’ll have a fixed monthly fee for the duration.

Want free money?

  • Aspiration: Want to get spotted a $100 for free? Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $100 just for opening a new debit card. There’s no catch. This bank account is legit and only takes two minutes to sign up for an account.

A 35-year-old woman in good health filling out an application can potentially qualify for the following:

  • A 10-year policy with a premium of $300,000 for $14.22 per month
  • A 20-year policy with a premium of $750,000 for $36.53 per month
  • A 30-year policy with a premium of $500,000 for $41.86 per month.

After the term completes, you can renew the same policy but at a new monthly cost. The firm also offers an accelerated death benefit as a rider, keeping you or your loved ones safe in the case of a terminal illness.

2. Quick Communication

Haven Life offers coverage the same day you’re approved. The application process is simple, and with the ability to buy on your phone, tablet or computer, you can start wherever and whenever you choose. After a few simple questions, you need only wait for approval, which can take as little as 20 minutes.

If you ever have any questions about your policy, the friendly customer assistance team is ready to help via call, chat or email. Since Haven Life is technologically forward by providing digital life insurance, changing beneficiaries or making adjustments to your policy is easily accomplished on the website or by phone. Claims are quickly taken by phone and a representative will personally handle the case.

No one wants to shop for life insurance, and most companies haven’t made the process any easier. From too much paperwork to scheduling physicals, it can be a long, anxiety-inducing nightmare. Choose Haven Life so you don’t waste hours applying for insurance and can spend more time living.

Simplify Insurance With Haven Life

It’s never easy to shop for life insurance. Grim implications aside, applying takes mountains of forms and usually requires a physical examination. That’s the time that no one wants to waste, even if it’s for something everyone knows has value. Haven Life is changing that process for the better.

Dedicated to alleviating the stress associated with purchasing insurance, the company takes the application method and turn it on its head. Instead of hours of paperwork, you only have to answer a few simple questions to get things moving. Younger applicants can even forego the traditional physical screening and have the process completed and approved in as little as 20 minutes.

Haven Life is able to accomplish this by offering purely term-based digital life insurance. Term life plans offer coverage for a specific amount of time, from as little as 10 years to as long as 30. Premiums are based on term length, physical health and total coverage, which is offered up to a staggering $3,000,000.

Applicants simply enter a little basic information to get started. For example, a 29-year-old nonsmoking woman in excellent health can get coverage of $500,000 for under $27 a month. Any customer can get an instant quote, and after approval, coverage becomes available that very day.

Haven Life understands that you want to spend less time worrying about what happens at the end and more time focused on today. Start your application process now and get back to living life quickly, knowing the future is secure.

Haven Life Insurance

Varies

9.3

Commissions & Fees


9.5/10

Customer Service


9.0/10

Ease of Use


9.8/10

Savings Options


8.9/10

Pros

  • Haven Life offers a quick turnaround by accessing data and using an algorithm and artificial intelligence to instantly evaluate applicants.
  • Healthy applicants up to age 59 can qualify for up to $1 million in coverage that starts right away. Some won’t be required to have a medical exam at all.

Cons

  • Some customers who are required to take a medical exam won’t be approved for temporary coverage before the exam results are in.


Your top savings options

ImageDescriptionGo
aspirationThis Company Will Give You $150 for Opening a Free Account
  • Boost your savings and earn up to 1.00% APY interest on your savings
  • Get up to 10% cash back on your purchases
  • Get $150 bonus when you spend your first $1,000 with your new Aspiration Plus Card
Learn More
personal capitalThe Smart and Free Way to Manage Your Money
  • Take control of your finances with the perfect union of technology and highly personalized service
  • Get access to free online financial tools, including retirement planner, investment checkup, net worth calculator and more
  • Digital-first wealth management advisor with 24,000 clients in 50 states
Learn More
personal capitalGet Up $500 in Free Stock for Joining
  • Commission-free stock, ETF and options trades
  • Get a free stock worth up $500 when joining (must complete application)
  • Simple, easy to use investor platform with no account minimums
Learn More
personal capitalThe First and Only Interest Earning Crypto Account
  • Receive up to a $250 Bitcoin bonus when you make qualifying deposits over the first 30 days
  • Receive up to 8.6% annually on your crypto
  • Join the most trusted financial services for crypto investors on the market
Learn More
sofiAll-In-One Investing That's Easy to Use
  • Invest in stocks, ETFs, crypto, or automated investing in all one app
  • No commissions for stocks and ETFs
  • Complimentary access to SoFi Financial Planners
Learn More
blooom401K and IRA Management
  • Start your free 401k and IRA management now
  • Find and reduce hidden fees
  • Improve your diversification
Learn More
citEnjoy the Benefits of a CIT Bank Money Market Account
  • A CIT Bank Money Market Account helps you get more from your savings with interest rates for maximum growth
  • Earn over 7x the national average with high-interest rates
  • It now pays to open a money market account with CIT Bank
Learn More

Related

Twine App Review 2021: Is it Worth Using?

Twine is a saving and investing app for couples who want to work towards joint financial goals, together. Is it legit and worth using...

Never Borrow Money Again with the Earnin App

Did you know that in 2016, half of all Americans made less than $31,099 per year? The U.S. Bureau of the Census’s compiled income...

CollegeBacker Review: The Best College Savings Plan You’re Not Using 

You want the best for your children, and an important part of that means helping to provide an education. Setting aside college funds isn’t...

SHARE

SavingWiki Staff
We give you free tools, expert analysis, and useful content to make smarter financial decisions. Explore personal finance topics including credit cards, personal loans, savings, and more.

COMPARE

Haven Life Insurance

Varies
9.3

Commissions & Fees

9.5/10

Customer Service

9.0/10

Ease of Use

9.8/10

Savings Options

8.9/10

Pros

  • Haven Life offers a quick turnaround by accessing data and using an algorithm and artificial intelligence to instantly evaluate applicants.
  • Healthy applicants up to age 59 can qualify for up to $1 million in coverage that starts right away. Some won’t be required to have a medical exam at all.

Cons

  • Some customers who are required to take a medical exam won’t be approved for temporary coverage before the exam results are in.