While LeapLife is a relatively new company, its team has more than 3o years of industry experience. The online marketplace connects people with top-tier life insurance in all 50 states. Instead of researching individual life insurance providers one by one, you can use LeapLife. Simply fill out the company’s quick questionnaire to get matched to life insurance policies. Then, compare the options you qualify for to find the best fit.
Keep reading to learn more about LeapLife and the types of life insurance in its marketplace.
Pros and Cons of LeapLife
- Fast, efficient application process
- Some plans don’t require an exam
- No phone number required for a quote
- Full digital experience only for healthy individuals
- Only shows results from their partners
What Does LeapLife Offer?
LeapLife is a licensed life insurance agency that helps you secure life insurance coverage from top insurance companies. To match you with the best possible options, tell LeapLife a bit about you and your needs. Through LeapLife’s marketplace, customers can get term policies that cover policyholders in the event of a death from natural or accidental causes. More specifically, there are term policies anywhere from 10-30 years with anywhere from $100,000-$5,000,000 in coverage.
Additionally, LeapLife also offers a number of tools you can use to better understand your life insurance needs. For example, their free Needs Calculator adds up all your financial responsibilities, subtracts any savings, and then estimates how much life insurance you really need.
What To Expect on the Site
Before you apply, it’s important to know that you must be between the ages of 18 and 75. Plus, you must be a U.S. citizen or permanent resident who’s been in the U.S. for more than 2 years. If you meet these qualifications, then you can apply online in a matter of minutes. Upon completing your application, you can see your available rates instantly.
Throughout the application, you can expect to answer questions such as:
- When’s your date of birth?
- Do you use any nicotine products?
- Are you a U.S. citizen or green card holder?
- Have you ever had a DUI or reckless driving charges?
- Do you have any bills in collections or tax liens?
- Do you have a prior felony conviction?
- Are you currently taking any prescription medications?
If you qualify based on your answers, then you can secure a policy and be covered within weeks, if not days. Additionally, if you need a policy quicker than usual, then you can answer a few basic health-related questions to see if you qualify for “no exam” policies.
Using LeapLife to see what life insurance policies you qualify for is completely free. You can only expect to pay upon securing a policy. What you pay for your life insurance policy depends on your specific situation and needs. Therefore, there’s no set pricing that applies to everyone. However, LeapLife has policies that start at just $14/month.
What People Are Saying About LeapLife
LeapLife has developed a great reputation. For instance, it has an excellent Trustpilot rating of 4.9 out of 5 stars. As of September 2021:
- 93% of customer reviews give LeapLife 5 out of 5 stars
- 97% of customer reviews give LeapLife at least 4 out of 5 stars
Another key point to highlight is its Better Business Bureau accreditation and A+ rating.
The Bottom Line
Not only can LeapLife help you understand your specific life insurance needs, but it can also connect you with insurance carriers offering policies that suit those needs. Their matching process can make shopping around quicker and more efficient than doing the legwork yourself. And, if you qualify, then you can secure a policy and be covered quickly. In conclusion, LeapLife warrants consideration as you compare top life insurance companies.