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Bestow Life Insurance Review

Reviews 929
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Reviews 929
Bestmoney Staff
May. 19, 2021
3 min read
BestMoney Staff
Bestow Summary
Bestow brings the process of buying term life insurance entirely online. With this company, you don’t have to go through an agent to buy life insurance or submit to a medical exam. Answer some questions and Bestow will offer you instant quotes for policy options with up to $1.5 million in coverage. There are some limitations, though. Bestow only issues policies to people between 18 and 60 and terms are limited to 10 and 30 years.


  • Apply online in minutes
  • No medical exam required


  • Only term life insurance available
  • Does not issue policies to individuals over 60

Bestow at a glance

Editorial score

Coverage type

Offers either term or whole life insurance. Term life can be be for up to 30 years.

Customization of policies

Customizable rates and deductibles, some upgrades and downgrades available

Customer services and support

Multiple communication options and a dedicated agent

Online experience

Online fast application, learning resources, access to rates before application

Direct insurer?

Yes, direct insurer

Bestow  Bestow View Rates

Suitable For?

Individuals who want coverage immediately

Bestow’s online application is quick to complete and you can sign up for a policy instantly.

Healthy individuals who don’t want a medical exam

Bestow never requires a medical exam or blood work to offer you a policy.

Younger individuals who want affordable coverage

Bestow is available to anyone between the ages of 18 and 60 and offers low-cost policies.


Bestow distinguishes itself by digitizing the entire process of applying for term life insurance. Whereas most traditional life insurance companies make you talk to an agent and schedule a medical exam, Bestow lets you apply online, delivers a quote online, and doesn’t require a medical exam. The company’s data-driven approach saves quite a bit of time and can also save young, healthy individuals money on premiums.

Bestow only offers term life insurance, but the policies are still customizable to your needs. Coverage is available from $50,000 to $1,500,000 and you can choose between 10- and 30-year terms.

More features include:

  • Apply and sign up for coverage entirely online
  • No medical exam required
  • Coverage options from $50,000 to $1,500,000
  • 10- and 30-year term life insurance policies available
  • Premiums start as low as $16 per month

Bestow  Bestow View Rates

Application Process

Bestow offers a fast and easy online application. You can apply from any device and get a quote from the company instantly. In fact, the application takes users an average of just 3 minutes. If you’re happy with the policy and price, just pay online by credit card to start your life insurance coverage right away.

So, what information do you need to provide as part of your application? Bestow requires:

  • Your name, date of birth, email, and Social Security Number
  • General medical history and answers to questions about your lifestyle
  • Details about your beneficiaries
  • Credit or debit card information to pay for your policy (if you decide to go with Bestow)

Policy Types and Terms

Bestow only offers term life insurance, which covers you for a set number of years. If you pass away during the term covered by the policy, your beneficiaries receive the designated benefit amount. If you outlive the policy, you won’t get any payout or refund on the premiums you paid.

Bestow lets you choose the term and coverage of your policy. The company offers 10- and 30-year terms and benefit amounts that vary from $50,000 to $1,500,000. Premiums can vary widely, but Bestow advertises policies as inexpensive as $16 per month.

Keep in mind that Bestow’s policies are not renewable. If your policy with Bestow ends before you turn 60, you can sign up for a new policy with the company. However, your premiums may be significantly higher if you are 10 or 20 years older than when you first signed up with Bestow.

How Safe Is It?

It’s worth noting that Bestow runs a soft credit check as part of the application process. However, this won’t affect your credit score. The company will also pull data from third-party databases. For example, Bestow might collect information about your history of medical prescriptions, your driving record, and your education. The company uses this data in lieu of a medical exam to calculate your life insurance policy offer.

When it comes to buying life insurance, signing up with a fairly young company can feel like a big risk. But Bestow is backed up by two of the largest reinsurers in the US: Munich Re and North American Company for Life and Health Insurance. Both of these reinsurers have been around for decades and hold A+ ratings from A. M. Best. That offers peace of mind that no matter what the future holds for Bestow, your policy will be honored in the event of your passing.

Bestow itself has an A rating with the Better Business Bureau. The company takes digital security safely and processes payments through Stripe with advanced encryption. All of the third-party databases that Bestow access to get data about you are compliant with HIPAA and the Fair Credit Reporting Act. In addition, Bestow asks for your consent for each data disclosure before accessing the databases.

Help and Support

Bestow offers support by phone, email, and live chat, although the company doesn’t make it clear what hours the support team is available. You can also find answers to a variety of common questions on the company’s detailed FAQs page. 

Bestow  Bestow View Rates

Bestow at a Glance

Bestow makes it easy to apply for term life insurance online, without going through an agent or dealing with a medical exam. You can get coverage up to $1.5 million and choose between 10- and 30-year terms for your policy. Bestow’s data-driven approach to building quotes results in low rates and instant offers. Most customers can get approved for a life insurance policy in just a few minutes and your coverage starts as soon as you pay for your policy.


750 North St. Paul Street 


Dallas, TX 75201

BestMoney Staff
Written by
Bestmoney Staff
Our editorial staff consists of writers who are knowledgeable about financial services. We specialize in simplifying the process of choosing the right provider for your needs.
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Trustpilot reviews
See what some customers are saying about Bestow
Excellent • Reviews 929
We upload 100 to 400 Trustpilot reviews to our website daily, displaying them by default from "best" to "worst". You have the option to adjust the sorting criteria. If you wish to see all reviews, you can visit Trustpilot's website here.
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7 months ago
Easy to work with
Easy to work with. Got what I needed without a bunch of hand-offs and up selling. Thanks!
8 months ago
Great customer service!
Great customer service!
8 months ago
Bestow is so super easy and very…
Bestow is so super easy and very affordable plans. I highly recommend them. Of course I won't know if they pay out in the end or not. Lol
9 months ago
The ease of self writing and setting up…
The ease of self writing and setting up the policy...
10 months ago
Affordable + Efficient = Happy Customer
The premiums were affordable, and the entire process was quick and efficient. I appreciate that it was all done online, without the need for an invasive medical exam, and without aggressive salespeople calling. Glad to now have my family covered by Bestow!