Choosing a life insurance company can be overwhelming and incomprehensible. You’ll likely hear from various sources what to do during your search — and some of the advice is contradictory.
Whether you’re just starting your life insurance shopping journey or somewhere in the middle, too many options can leave you asking questions like, What kind of life insurance should you buy? How much coverage do I need? Which company is best?
Two well-known life insurance platforms are Bestow and Everyday Life. Buying directly from Bestow puts you in a take-it or leave-it scenario, while Everyday Life works with multiple insurers — including Bestow — to give you a personalized plan. That means you get the right policy type and a specific coverage amount for your protection needs, health and lifestyle history.
Keep reading. We’ll help you decide which is best for you.
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What is Bestow Life Insurance?
Bestow Life Insurance is a company that sells only one type of life insurance policy: term life. North American Company for Life and Health Insurance issues the policies, and it doesn’t require a medical exam.
The platform relies on the information you enter to evaluate your health and lifestyle to get you an insurance quote. However, you must be in relatively good health with an average height/weight ratio and clear medical history to qualify for a policy.
Bestow Life Coverage Details and Guidelines
Bestow does not sell permanent life insurance policies. If you’re looking for whole life or cash value life insurance, you’ll have to look elsewhere.
But for a term life policy, Bestow can help. Your policy depends on how much coverage you buy, but here’s what you can expect:
- Simple application
- Coverage without an exam
- Range of term lengths (10, 15, 20, 25, or 30 years)
- Policies backed by A+ rated underwriter
- Coverage amounts up to $1.5 million
Bestow Life Insurance Customer Service
Bestow customers can get help by calling a representative at (833) 300-0603, bringing up its live chat from the website or emailing [email protected]
What is Everyday Life Insurance?
Established in 2018, Everyday Life has changed the way people buy life insurance policies. As a result, applicants are twice as likely to get approved for an Everyday Life policy at their quoted price.
Because one size can’t fit all, the site uses Predictive ProtectionTM to give you a custom-fit life coverage plan to last a lifetime. It partners with various insurance companies to create the perfect plan for you.
Everyday Life Insurance Policies
Everyday Life offers term and whole life insurance, but this isn’t your parents’ coverage. You can get policies from $25,000 to $10 million, with coverage that lasts for ten, 15, 20 or up to 40 years.
By working with multiple insurers, you have access to a wide range of products including Bestow. Use The Ultimate Life Insurance Calculator to get a customized plan that matches you with the right policy. It also recommends a specific coverage amount based on your protection needs and health and lifestyle history so you aren’t paying too much.
Everyday Life Insurance Coverage Details and Guidelines
Nobody likes getting a medical exam. The good news is that most of Everyday Life’s policies are available without the fuss of a nurse coming out to take your blood pressure and check your weight. In addition, you will know before you apply whether an exam may be required for your application, so you can make an informed decision.
Working with Everyday Life gives you access to a wide array of life insurance options with the added benefit of getting a personalized recommendation of your maximum coverage amount at the lowest possible price. Additional features include:
- A customized policy that fits even the most modest budget
- Transparent policy recommendation with plan details clearly laid out
- Timesaving application because you’re pre-qualified for coverage
- Completely online application available 24/7
- Access to one-on-one customer service
- Reputable and reliable life insurance underwriters
Everyday Life only works with insurers with an AM Best financial strength rating of “excellent” or better. It’s also the only life insurance platform that makes it possible for everyone to find an affordable plan that makes good financial sense.
Everyday Life Customer Service
To get help, contact an Everyday Life licensed agent by phone at (888) 681-3811 or by email at [email protected].
Comparing Bestow Life vs. Everyday Life Insurance
Both Bestow Life and Everyday Life offer term insurance policies, and you can even get a Bestow policy from Everyday Life. However, Everyday Life also offers coverage from other companies, allowing you to get objective recommendations for the right policy type and policy amount.
While Bestow tries to fit you to their term life insurance, Everyday Life customizes your policy to fit your needs. Here’s why that matters:
- By buying from Bestow Life directly, you either qualify for their coverage or not. Unfortunately, Bestow doesn’t have anything else to offer you if you aren’t eligible.
- Everyday Life can find the best fit for you. It partners with multiple companies to offer both term and whole life policies. If you don’t qualify for one policy, it’s not a problem — Everyday Life checks other companies until you get a match.
Everyday Life also has end-of-life insurance that covers final expenses for people aged 50 to 85. These policies provide your family with money to pay for funeral expenses, medical bills, debts and other costs.
Comparing Bestow vs. Everyday Life Insurance
10 to 30 years
10 to 40 years
Up to $1.5 million
Up to $10 million
18 to 60
18 to 85
Not required for most policies under $1 million
AM Best Financial Strength Rating
"Excellent" or higher
Better Business Bureau (BBB) Rating
Bestow Life vs. Everyday Life Insurance Cost
Bestow Life Insurance will cost the same whether you buy it from them directly or through Everyday Life Insurance. Pricing is true across the industry, as anti-discrimination laws prohibit any company from charging more or less than the state-approved policy rates.
However, when you work with Everyday Life Insurance, you may find a better deal through another insurance company. Everyday Life can also set you up with a more flexible plan that adapts to your life changes accordingly, saving you even more money over time.
Who Should Consider Bestow Life Insurance?
Bestow offers a straightforward term life insurance policy. However, that does not mean it’s right for everyone. At Everyday Life, you can get matched with a Bestow life insurance policy if it is the ideal product to meet your needs.
Younger applicants in good health might have better luck with Bestow— applicants in their 40s and 50s may pay more and the company is more inclined to deny coverage if you aren’t in excellent health.
Also, high-income earners needing more robust life insurance protection may not get what they need. Bestow death benefit maxes out at $1.5 million, so you may end up buying additional coverage.
Bestow might be the right policy for you if:
- You are young.
- You are healthy and have a healthy BMI.
- You aren’t interested in taking a medical exam.
- You do not need to customize the policy
Who Is Everyday Life Insurance Best For?
Everyday Life is the best choice for anyone who wants the right life insurance coverage.
Each insurance company has different requirements, and some are more accepting of health conditions than others. So, whether you’re in perfect health or have been denied life insurance before, Everyday Life works closely with the industry’s highest-rated companies to get you the right policy.
Everyday Life is perfect for people who:
- Are budget-sensitive
- May have had trouble getting covered in the past
- Want lower life insurance costs
- Need more customization options
- Are savvy money consumers
We can customize the right plan for you — from the policy type to the specific coverage amount — with The Ultimate Life Insurance Calculator. From there, the application process is simple. Just enter some basic information about your family, income and savings and let, Everyday Life create a life insurance plan that suits your specific circumstances.
The unique approach to coverage that automatically adapts to your life stages can give you peace of mind. Rest easy knowing you bought enough insurance to cover what matters most without breaking the bank.
The Verdict: Bestow Life vs. Everyday Life
Bestow is the right company for some people. However, each person and their needs are different, so one size does not fit all. Everyday Life works with multiple insurance companies to find the best fit for you, including Bestow, so you don’t have to wonder if you got the right policy.
Bestow either approves your life insurance application, or they don’t. If you’re interested in Bestow but not 100% sure how their prices compare or even if you will qualify for their product, then you should use Everyday Life. We’ll pre-qualify you for a policy and provide multiple quotes for comparison.
Everyday Life makes life insurance personal and creates a plan to fit you like a tailored suit or gown. Unfortunately, shopping only with Bestow is like trying to fit everyone in the same size outfit, whether or not it looks good on them.
Get a life insurance quote in just two minutes with The Ultimate Life Insurance Calculator today!