Haven Life Review

Haven Life specializes in term life insurance. Unlike many other online insurance agencies and aggregators, Haven Life doesn’t support options like whole life or universal life. Instead, it has a laser-like focus on term life plans.

Haven Life, also known as Haven Life Insurance Agency, is based in New York City. It’s a relatively new company, having been established in 2014. However, while it’s a fairly new company, it’s backed by Mass Mutual. As one of the largest and oldest continuously operating insurance companies in the United States, Mass Mutual brings years of experience to the table.

Pros and Cons of Haven Life

Pros:

Cons:

What Does Have Life Offer?

Haven Life operates exclusively within the bounds of term life insurance. So, you can get plans online with the following terms:

The following limitations universally apply to all Haven Life products:

Haven Life also offers a few distinctive policy features, including:

The company doesn’t charge commissions. Additionally, all Haven Life plans have stable monthly premiums that won’t change for the life of the policy.

What To Expect on the Site

Haven Life has a quick process that estimates your policy rate after just a few questions. It asks for a few details:

Then, voila! Haven Life instantly calculates your estimated rate. After that, you can easily apply online to get your actual rate.

Pricing

Since the price of a life insurance policy varies based on several factors, we can’t generalize about the cost. For instance, the length of the term and the amount of coverage you choose will impact the price. Additionally, your age, lifestyle, and health also influence the price.

Have Life does say that fully medically underwritten policies cost less. A fully medically underwritten policy uses your full medical history to help Haven Life make a decision about the coverage they’ll offer you. So, if you qualify for such a policy, then you may benefit from a lower price. In order to get a quote based on your profile and needs, get a quote on the Haven Life website.

What People Are Saying About Haven Life

Based on more than 1,000 customer reviews, Haven Life has an excellent Trustpilot score. It has a rating of 4.7 out of 5 stars:

Haven Life is also accredited by the Better Business Bureau and has an A+ rating.

The Bottom Line

If you’re looking for an affordable term life insurance plan with excellent death benefits, then Haven Life could be a great option. This is especially true for younger people who are generally healthy. However, if you’re older or suffer from a long-term medical condition, then you might find a better fit with another provider. Our verdict: Since Haven Life has an easy process and competitively priced policies, it’s a solid option to explore as you consider top life insurance companies.