Bestow life insurance review: No medical exam, ever

Mama, you know you need life insurance — but likely do not have it yet (or don’t have enough).

Here are common reasons women fail to have life insurance coverage:

• Too expensive (or assume it is too expensive)
• Too time-consuming to apply (meeting with an agent, medical exams — ain’t nobody got time for that!)
• Not sure you need it — especially if you are a stay-at-home mom, single mom, or low-income
• Unsure of the future — locking into a 15- or 30-year policy when you’re not sure what you work/relationship/living situation will be next month is overwhelming.
• Overwhelmed by choices — all life insurance companies can seem the same. How do you choose one?
• Not sure life insurance is even worth it (pro tip: It is. Even if you never need it (of course we all hope we never need it!), just knowing that you have life insurance to help care for your kids — lessening the burden on anyone else — is worth every penny of any life insurance policy you buy).

I’ve written a lot about life insurance, and summarize some of the best, easiest-to-use and most affordable life insurance companies for single moms. You are right: most are more or less the same.

But I recently met a company that blew me away as being a truly different life insurance company.

Policies offered by Bestow stands out in the life insurance industry in three important ways:

No medical exam ever.

Say what? I said to their product team. Yes, indeed. Bestow guarantees no medical exam, no doctor visit, or blood test. Too busy for that nonsense? No problem.

Very, very affordable.

Prices start under $5 per month, for a $50,000, 2-year policy for a healthy 30-year-old non-smoker. Get a life insurance quote now from Bestow.

Short-term, flexible policies… if you’re not ready to commit but want to get covered today

Plans start at 2-years (which doesn’t prohibit you from applying for another longer-term policy at a later date), as well as larger 10- and 20-year plans.

How much does life insurance from Bestow cost?

Some sample Bestow life insurance quotes for healthy, 30-year-old non-smokers:

$3 / month, 2 years, $50,000

$12 / months, 2 years, $250,000

$14/ month, 20 years, $250,000

$34 / month, 20 years, $1 million

This sort of pricing and terms are excellent for moms who may be in all kinds of transitions:

• Going through a divorce or breakup
• Leaving a job
• Starting a business
• Between jobs
• Relocating
• Kids aging out of the house — you may actually only need life insurance for a few more years

Sound too good to be true? See for yourself and get a free quote in 5 minutes from Bestow now.

How much life insurance do I need?

A general rule of thumb is to buy 10x your annual salary. So, if you earn $50,000 per year, you should buy $500,000 in coverage, for at least as long as you expect to have people dependent on you.

Of course, this is not a hard rule. Each family has different needs, and different goals should the unthinkable happen. If it is important to you to pay for your kids’ college, then consider adding $100,000 per child in coverage. If you have a lot of debt, you may need more life insurance than if you are debt-free. If your kids are teens, there is less of a chance that they would need your financial support than if they are toddlers — since they will age out of your care sooner than a baby.

Bestow FAQ

Is Bestow a scammy new startup?

While Bestow was founded in 2017, policies are issued by North American Company for Life and Health Insurance, a carrier rated A+ (Superior) by A.M. Best that was founded in 1886.

What is the application process at Bestow?

1. Apply online here. It usually takes 5 minutes.
2. Chose a plan.
   1. 2, 10 and 20 years.
   2. Coverage from $50,000 to $1 million
3. If you’re approved, pay with credit card.
4. Sleep great.

No sales calls. No medical exams or blood tests. No one visiting your home or work.

Apply for Bestow now >>

Who qualifies for one of these awesome Bestow plans?

Bestow requires you be:

• A U.S. citizen and resident
• Employed, full-time stay-at-home parent, or student
• Generally healthy
• Between the ages of 21-45 for 20-year term life
• Between the ages of 21-55 for 2-year/10-year term life

Bestow will not cover you if you have one of the following health conditions: heart disease, stroke, cancer (except basal and squamous cell skin cancer), organ transplant, diabetes before 40 (except gestational diabetes), alcohol and drug abuse, HIV, or kidney disease requiring dialysis, as well as other health issues. Check with Bestow to see if you are eligible by obtaining a free life insurance quote online now.

What does life insurance cover?

Just like most term life insurance policies, life insurance offered by Bestow will help your family financially when you die. It is intended to provide help to your loved ones when they can't rely on your salary or income any longer. The payout can be used to pay for your kids’ child care, college, daily care, to pay off any of your debts (including mortgage), or support their lives financially.

Is life insurance taxed?

No. This is a common question, and the answer is that life insurance offered by Bestow or any other life insurance is not taxable. What your beneficiaries receive is what they receive!

Bestow life insurance quotes

Bestow stands out with its short-term, very low-cost policies starting at $3 per month. Also, the promise you will never have to go through an embarrassing, and time-consuming medical exam.

Some sample Bestow life insurance plans for healthy, 30-year-old non-smokers:

• $12 / months, 2 years, $250,000
• $14/ month, 20 years, $250,000
• $34 / month, 20 years, $1 million

Bestow policies are issued by North American Company for Life and Health Insurance, which is rated A+ (Superior) by A.M. Best that was founded in 1886.

Get a life insurance quote from Bestow now. Takes 5 minutes!

Emma Johnson

Emma Johnson is a veteran money journalist, noted blogger, bestselling author and an host of the award-winning podcast, Like a Mother with Emma Johnson. A former Associated Press Financial Wire reporter and MSN Money columnist, Emma has written for the New York Times, Wall Street Journal, Forbes, Glamour, Oprah.com, U.S. News, Parenting, USA Today and others. Her #1 bestseller, The Kickass Single Mom (Penguin), was named to the New York Post's ‘Must Read” list.

Emma regularly comments on issues of modern families, gender equality, divorce, sex and motherhood for outlets like CNN, Headline News, New York Times, Wall Street Journal, Fox & Friends, CNBC, NPR, TIME, MONEY, O, The Oprah Magazine and The Doctors. She was named Parents magazine’s “Best of the Web,” “Top 15 Personal Finance Podcasts” by U.S. News, and a “Most Eligible New Yorker” by New York Observer.

A popular speaker, Emma presented at the United Nations Summit for Gender Equality. Read more about Emma here.