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: Jan 20, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right life insurance coverage choices.

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.

Company Details
Address: 750 North St. Paul Street #1900
City: Dallas
State: TX
ZIP Code: 75201
Phone Number: 1-833-300-0603
Company Rating 0 (0 reviews)

The Facts of Life

  • Bestow Life Insurance is a good choice for buyers who want to be able to manage their policy entirely online.
  • Bestow specializes in term life insurance.
  • Policies include a 30-day free look period after which you can cancel if you wish with a full refund.

Bestow Life Insurance is a reputable and affordable life insurance company that provides term life insurance with no medical exam requirements. This allowance makes getting an affordable life insurance plan quick and painless. After providing some basic information, you can be approved in mere minutes.

Bestow is a younger company, just launching in 2017; however, it has already received rave reviews. It’s especially great for younger buyers looking for a quick and easy way to manage their term life insurance policy completely online.

Ready to buy life insurance? Getting a life insurance quote is a simple process that takes no time at all. Enter your ZIP code above and get quotes from a variety of insurance providers in your area.

What are the common rates for term life insurance?

Term life insurance is the most common policy you can purchase. It is affordable and covers most of what individuals need. Since Bestow currently only offers term life insurance, let’s take a look at the common insurance rates below.

Average Monthly 20-Year Term Life Insurance Rates by Age, Gender, and Coverage Value
Age and Gender$250,000 Policy Average Monthly Life Insurance Rates$500,000 Policy Average Monthly Life Insurance Rates$750,000 Policy Average Monthly Life Insurance Rates$1 Million Policy Average Monthly Life Insurance Rates$2 Million Policy Average Monthly Life Insurance Rates
20-Year-Old Male$18$29$40$47$86
20-Year-Old Female$15$22$30$35$64
25-Year-Old Male$17$28$39$46$86
25-Year-Old Female$15$22$30$35$65
30-Year-Old Male$18$29$40$47$89
30-Year-Old Female$15$23$31$37$69
35-Year-Old Male$19$31$44$52$99
35-Year-Old Female$17$26$36$43$79
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As you can clearly see, term life insurance is not all that complicated. For a few dollars a month, you can have the comforting knowledge that your dependents are protected in the future.

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What does Bestow Life Insurance offer?

Bestow specializes in term life insurance. Here are its rates based on age, sex, and policy amount.

Bestow Term Life Insurance Rates
Gender/Age Policy Amount 20-Year Term Life Average Monthly Rates
Female/ 35-Years-Old$500,000$22.50
$1 Million$41.66
Male/35-Years-Old$500,000$27.50
$1 Million$51.66
Female/45-Years-Old$500,000$46.66
$1 Million$90.00
Male/45-Years-Old$500,000$60.41
$1 Million $117.50
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Bestow offers term life insurance with term lengths of either 10 or 20 years covering from $50,000 to $1 million.

Those between ages 21-45 are able to purchase a 20-year policy. However, if you’re a smoker, the maximum age drops to 43 years old. In the near future, Bestow hopes to add longer-term options to choose from.

Why do you need life insurance?

Life insurance is a financial safety net that serves your dependents. There are many costs that need to be taken care of, and life insurance provides the funds to do just that. It provides wonderful peace of mind for those who depend on you for financial reasons.

Confused? Don’t worry, shopping for life insurance can sound scary to the uninitiated. Fortunately, we have you covered. If you would like more information about life insurance policies and what they cover, check out our Life Insurance 101 article here and get the whole rundown.

How much insurance should I buy?

That is the million-dollar question (often literally). A good rule to follow is to invest in coverage that is roughly equal to 10-12 times your annual income. This approach provides the best payout to match your dependents’ needs so they can continue living a life of financial stability.

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What are the pros and cons of getting insurance from Bestow?

Like all insurance companies, there are strengths and weaknesses. Let’s take a closer look at the pros and cons of buying Bestow life insurance.

Pros and Cons of Bestow Life Insurance
ProsCons
No Medical ExamNo Medical Exam Means Lower Approval Odds
Easy ApplicationMay Have Higher Prices Compared to Competitors
Not Commission-BasedOnly Offers Term Life Insurance
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Not having to undergo a medical exam is very convenient but does have its drawbacks. It may reduce the odds of being approved because medical exams provide a lot of good information for life insurance providers.

Why doesn’t Bestow require a medical exam?

Bestow just asks you specific questions to help gauge your medical fitness. For example, they ask you about your lifestyle and state of health, as well as your identity verification.

They also receive information about your:

  • Prescription history
  • Credit history
  • Driving record
  • Prior attempts applying for insurance

Bestow uses this information to pull up your medical history automatically, so you don’t have to.

No Need to Fear Upselling Attempts

Another great thing about Bestow is that because they’re not commission-based, you won’t have to worry about an agent trying to upsell their policies. You can trust that you’re getting the best rate that’s reasonable and affordable for what you need.

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Buying Insurance Through Bestow is an Easy Process

The simple act of buying life insurance through Bestow is wonderful. It takes all the confusion out of researching what you should buy. However, it’s easy because they only provide term life insurance. Though this is the most common, and likely all you’ll need, it is limiting if you’re looking for other policies.

Bestow’s services are completely online, allowing you a headache-free experience.

Will Bestow cover death by COVID-19?

Pandemics like COVID-19 are not excluded from Bestow’s term life insurance coverage. You can rest assured that Bestow life insurance covers all except for causes of death except for suicide within two years of buying the policy or if you provided dishonest information in your policy application.

Is a long-term commitment required?

All Bestow life insurance policies offer a 30-day free look period. Therefore, you’re offered a full refund within 30 days of purchasing your policy. So, if you’re not satisfied with your plan or want more time to think, you can rest assured that you’re not obligated to commit.

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About Bestow and Its Success

Bestow is based in Dallas, Texas, and serves every state in the country except for New York. The company has been around since 2017 and has been actively providing coverage since 2018.

Bestow’s policies are issued by the A+ rated North American Company for Life and Health Insurance®. They’re also reinsured by one of the most trustworthy insurers, Munich Re. So, it goes without saying that you’ll be in good hands if you purchase coverage from Bestow.

Bestow also has a very high rating on the dependable and honest company review site TrustPilot. They currently hold a 4.8/5 star rating with detailed reviews from real customers.

How easy is it to manage my policy online?

They offer a portal to manage the following:

  • Payments
  • Loan or withdrawal requests
  • Copies of your policy
  • Beneficiary changes
  • Address and name changes
  • Death claims

It’s incredibly easy to access and manage your life insurance policy on Bestow’s website.

How to Apply for Bestow Life Insurance

Purchasing life insurance with Bestow is a simple and painless process. All you have to do is visit their website at Bestow.com and answer a few easy questions. Then get a quote and find out if you’re approved within minutes.

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Compare and Save

Even though Bestow provides a simple and fast service, you should also check and compare insurance rates with other companies so you can make an informed decision. Simply enter your ZIP code in the box below and search for the best life insurance rates near you.