Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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Benjamin Carr was a licensed insurance agent in Georgia and has two years' experience in life, health, property and casualty coverage. He has worked with State Farm and other risk management firms. He is also a strategic writer and editor with a background in branding, marketing, and quality assurance. He has been in military newsrooms — literally on the frontline of journalism.

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Reviewed by Benji Carr
Former Licensed Life Insurance Agent

UPDATED: Sep 7, 2021

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Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider.

Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from top life insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.

The Facts of Life

  • AIG has an A.M. Best score of A
  • Haven Life, backed my MassMutual, has an A.M. Best score of A++
  • Haven Life term life insurance policies are the most affordable option between the two companies

Searching for the right life insurance can be a challenge. So we are comparing AIG vs. Haven Life to help you decide which is the best life insurance company for you. 

Keep reading to learn more about what kind of coverage each company offers and which is right for you.

Before jumping into this AIG vs. Haven Life life insurance review, enter your ZIP code above to compare life insurance quotes from companies in your area for free.

AIG vs. Haven Life: Overview

AIG and Haven Life are two very different insurance companies. Choosing the right company for you will depend on your specific insurance needs. 

Haven Life specializes in term life insurance policies. These can work for anyone looking for affordable life insurance. Haven Life term policies are available to individuals ages 18 to 65.

AIG offers a broader range of life insurance policies, including permanent, term life insurance, accident insurance, and quality of life insurance.

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AIG vs. Haven Life insurance coverage: Which is more affordable?

To answer this question, we compared affordable AIG vs. Haven Life life insurance rates. Here’s what we found.

AIG vs. Haven Life Term Monthly Insurance Rates for $250,000 Coverage
CompanyMonthly Rates for $250,000 Coverage
Haven Life$8.59
AIG$14.00
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As you can see, Haven Life will offer the most affordable term life insurance coverage.

However, it is always a good idea to use your own information to get a personalized insurance quote before making any assumptions. 

Comparing personalized AIG vs. Haven Life life insurance quotes is the best way to know which company can offer you the lowest rate.

Haven Life Coverage

Haven Life offers two different term life insurance policies, Haven Term and Haven Simple. The policies are very similar, with a few key differences.

Haven Term is the flagship policy from Haven Life. It is available for those aged 18-65, with coverage up to $3 million.

Haven Term may require a medical exam to be approved and comes with the Haven Life Plus rider.

Haven Simple is a 100% online policy with no medical exam required. The policy is available for those aged 20-55 with coverage up to $500,000.

AIG Coverage

AIG offers many types of insurance products, including life insurance, AIG retirement, AIG stock, and AIG auto insurance.

AIG has several types of life insurance policies, both permanent and term. All policies can be applied for online with your AIG login, or over the phone.

Combining these policies can help you to earn a discount and get more affordable coverage.

Term Life Insurance

AIG term policies offer coverage up to $10 million for those over the age of 18. Each policy may require a medical exam to be approved and terms last up to 30 years.

Permanent Life Insurance

AIG provides three permanent life insurance policies;

  • Whole life insurance
  • Guaranteed life insurance
  • Universal life insurance

Quality Life Insurance

Outside of traditional life insurance, AIG also offers specialized policies, like critical illness, terminal illness, and chronic illness insurance.

These policies offer customizable coverage that allows you to prepare for whatever situations you feel are most relevant to your life.

These policies are similar to traditional life insurance in that they accumulate cash value and feature riders and terms.

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AIG vs. Haven Life Reviews

One way to compare AIG vs. Haven Life reviews is to look at each company’s National Association of Insurance Commissioners (NAIC) complaint index score.

Of the two companies, Haven Life has the better complaint index score by a very slim margin.

According to the NAIC site, Haven Life has a score of 0.07 and AIG has a score of 0.08. The difference here is negligible. Both companies have very few complaints filed against them.

The second way to compare companies is to look at their A.M. Best ratings. Haven Life is funded by MassMutual, which has a rating of A++. AIG has a rating of A. This means that both companies are financially secure, but Haven Life has a better overall outlook.

In addition, looking at Haven Life careers, the Haven Life Glassdoor rating shows that employees have good things to say about the company overall with a rating of 4.7. AIG has a score of 3.6.

Again, both companies have very good ratings, so when it comes to choosing which to do business with, it depends more on what type of policy you are looking for.

Haven Life Basics

Haven Life was founded in 2014. The company founder wanted to make shopping for life insurance easier and faster. For this reason, Haven Life offers the majority of its services online.

You can submit applications and get quick customer service all on the Haven Life website.

Haven Life partnered with MassMutual to ensure its customers get the most reliable policies.

AIG Basics

AIG was founded in Shanghai, China in 1919. Since then it has grown to have branches and operations in countries all around the world, including the US.

AIG specializes in affordable insurance policies for life, health, home, and auto.

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AIG vs. Haven Life: Which company is right for me?

To decide between AIG vs. Haven Life life insurance companies, you first need to decide which type of policy you want. If you are looking for whole life insurance, AIG is the only one of the two that offers it.

However, if you are looking for term life insurance, the best thing you can do is to compare quotes before you decide whether to buy AIG vs. Haven Life life insurance.

Now that you’ve compared AIG vs. Haven Life life insurance, it’s time to get your free quotes. Enter your ZIP code below and we’ll help you jumpstart your life insurance search.