Bestow Life Insurance Review


Bestow is a highly-rated online company that offers competitively priced term life insurance policies without a medical exam.

The company offers term life insurance policies and helps Americans protect their families with coverage ranging from $50,000 to $1,000,0000 in 10 and 20 year term periods.

You can even get a free quote online in just a few minutes.

Bestow Term Life Insurance Review Score

Name: Bestow Insurance Services

Description: is an online insurance company that offers term life insurance policies at competitive prices without requiring a medical exam.

  • Pricing
  • Application Process
  • Policy Options
  • Customer Service


Bestow makes it easy to get a free term life insurance quote in minutes without a medical exam.


  • Simple application process takes less than 10 minutes
  • No medical exam required
  • Policy issued by reputable insurance carrier
  • Competitive pricing


  • Coverage capped at $1,000,000
  • Bestow only works with one carrier, so you have to apply to several companies to compare rates
  • Age limits (no new policies for those under 21 or over 54)
  • Not available in NY or Puerto Rico

Bestow Life Insurance Overview

Bestow is an online life insurance agency that uses technology to quickly evaluate your application without requiring a medical exam. It takes less than 10 minutes to complete the app and receive an instant decision if approved.

I went through the process myself, and was blown away by how easy it was! It took me 9 minutes to fill out the entire application and get approved.

Getting a free quote is even faster, and you don’t need to disclose your name, email, or phone. That means you won’t be hassled or bothered if you ultimately use another company or change your mind.

North American Company for Life and Health Insurance® provides the policies offered by Bestow. They are a highly rated insurance carrier.

What types of insurance can you purchase using Bestow?

Bestow only offers term life insurance with a term period of 10 or 20 years.

Term life insurance differs from whole life insurance in many ways, but one of the most significant differences is that term life insurance policies generally cost meaningfully less.

For example, I was quoted $85.83 per month for a 20-year $1,000,000 policy.

Is Bestow Legit?

Yes! Bestow is a very legitimate company. Bestow has leading venture capital investors, including NEA (New Enterprise Associates), and closed on a $50 million round of funding in April 2020.

Also, North American Company for Life and Health Insurance®, the company that provides the insurance policies to Bestow customers, is rated A+ (Superior) by A.M. Best. A+ (Superior) is the second-highest rating out of 15 categories and was affirmed by A.M. Best for North American Company for Life and Health Insurance.

This speaks volumes about the company’s financial strength, and it means that you can feel confident that your policy will be in force and honored throughout the full term of the policy.

Consumer Complaints

When it comes to complaints and reviews, Bestow receives high marks. On TrustPilot, Bestow has earned an ‘excellent’ rating and a customer review score of 4.8/5.0.

Also, Bestow’s policy provider, North American Company for Life and Health Insurance® scores very well on the National Association of Insurance Commissioners’ Company Complaint Index.

This rating system is based on a baseline score of 1.0. A score of 2.0 means a company has a complaint index that is twice as high as expected in the market. A score that is closer to 0 means a company has very few complaints relative to what is expected in the market.

North American Company for Life and Health Insurance® received a score of 0.16, which means the company has a complaint index that is much lower than is expected for their industry!

Bestow Coverage Details

bestow life insurance review
Policy Terms Available2 years, 10 Years, 20 Years
Coverage Amount Available$50,000 – $1,000,000
Medical Exam Required?NO
Policy TypesTerm Life Only
Get Your Free Quote Now

How Much Do Policies Offered by Bestow Cost

Your term life insurance policy’s price is based on many different factors, including your medical history. While Bestow doesn’t require a medical exam like many insurance companies, they still review your medical history to determine your risk factors.

Bestow applies a holistic review of your application to determine whether you qualify for coverage and at what price. They will review medical information, health information, and lifestyle information.

I was offered a price of $85.83 per month for a 20-year $1,000,000 policy.

My age, gender, medical history, and other lifestyle details are different from yours, meaning you may be offered a lower or higher price depending on your risk profile. There’s no guarantee that you’ll be approved for a policy, either.

I simply share my results so that you can get a very rough sense of a monthly payment.

How To Get A Free Life Insurance Quote

Getting a free term life insurance quote from Bestow is quick and simple! All you have to provide is your gender, birth date, height, weight, zip code, and whether you use nicotine products. From there, they’ll be able to determine whether you are eligible for coverage, and provide a price estimate.

There is no need to provide your name, email, or phone number at this stage, which means you don’t need to worry about them contacting you if you decide not to move forward.

Step by Step Process

Step 1. Enter basic information to determine eligibility.

Step 2. Determine Years of Coverage and Coverage Amount

At this step, you’ll decide if you want a 10-year or 20-year policy and whether the amount of coverage you need, ranging from $50,000 to $1,000,000.

Step 3. If You’re Happy With The Estimate, You’ll Fill Out The Formal Application

The application only takes a few minutes (the entire process, including getting the initial price estimate and receiving approval, took me 9 minutes). You’ll answer a series of questions in three different sections: personal info, health info, and lifestyle info.

Step 4. Complete Data Authorization Page

This is the final step of the application process and requires you to provide your social security number and release your HIPAA information. They need this information to quickly run a series of background checks, to help them determine whether you qualify for coverage or not.

Step 5. Receive Your Final Price And Coverage Details

If approved, this page will provide you the actual price and coverage information for your policy.

If you’re happy with the price and coverage, this is where you’ll add your beneficiaries and add your payment information. Once you sign and pay, your policy will be in force, and you’ll have life insurance coverage.

You’ll want to make sure you log into your Bestow dashboard to save a copy of your policy documents for your records. A best practice would be to keep it with any other estate planning documents that you have.

Customer Service

When it comes to customer service, Bestow takes it seriously. Customers may chat, call, text, or email to get assistance. The Bestow customer service number is (833) 300-0603, and they’re available from 8 am-7:00 pm CST Mon-Thurs and 8 am-6:00 pm CST Fri.

Even though North American Company for Life and Health Insurance® provides the policies, you will only work with Bestow throughout the life of the contract.

If you pass away, your beneficiary will contact Bestow directly to process the claim. At that point, the claims department from North American Company for Life and Health Insurance® would contact your loved one to complete the process.


The term life insurance industry is competitive and includes traditional insurance agents and online-only agencies like Bestow.

If you prefer to apply online and avoid a medical exam, other alternatives you can use to compare free quotes are Haven Life, Sproutt, Ladder, and PolicyGenius.

What If I’m Not Perfectly Healthy?

You don’t need perfect health or spotless family history to qualify for term life insurance offered by Bestow.

All insurance companies assess your risk and use it to determine the price of your policy. If a policy is more likely to result in a claim, the price will be higher. However, there are times when the issuer will determine that you aren’t eligible for their product.

But don’t worry if you aren’t approved. Just because one company denies you coverage doesn’t mean that another company won’t approve your application for term life insurance.

Who Shouldn’t Choose Bestow?

Bestow currently does not offer policies in the state of New York or Puerto Rico. They also only issue new 20-year policies to individuals aged 21-45. If you only want or need a 10-year insurance policy, those are limited to individuals aged 21 to 54.

If you don’t mind getting a medical exam, you can complete a traditional term life insurance application and compare prices. Bestow might be less expensive, but you won’t know unless you go through the process and compare prices.

Why Should I Consider Life Insurance

Have you gotten this far but are still on the fence about whether you should even consider life insurance? Let’s help you figure it out.

Life insurance is a product offered by a company to provide financial compensation upon the death of an individual. If the insured person passes away within the terms of the contract, a beneficiary will receive a monetary payout. This life insurance payout is typically in a single lump-sum payment.

At its most basic level, the point of life insurance is to help support your loved ones when they can no longer rely on your salary or income after your untimely death.

If you don’t have any person or organization that depends on your income, you might not want life insurance. Ultimately, it’s a personal decision, and it comes down to the amount of risk you are willing to accept.

I have a term life insurance because I lost my dad when I was 7 years old due to cancer, and I want to protect my wife and family in case something similar happens to me.

Pros and Cons



  • Coverage capped at $1,000,000
  • No medical exam required
  • Bestow only works with one carrier, so you have to apply to several companies to compare rates
  • Policy issued by reputable insurance carrier
  • Age limits (no new policies for those under 21 or over 54)
  • Competitive pricing
  • Not available in NY or Puerto Rico


If you are looking for a term life insurance policy, Bestow is an option that should be considered, and you can get a free quote in minutes! A term life policy can help to protect the people who matter most to you. You can get your free quote here.

Compare your quote to prices offered by Haven Life and Sproutt to see which one is best for you.