Haven Life
Life insurance is a powerful protector in the event of an untimely death. The best life insurance policies ensure that you or your loved ones can continue without added financial stresses, including loss of income, final expenses, and unpaid debts. Finding a life insurance policy that matches your needs can be complicated, but Haven makes the process simple and straightforward. Today we will review how Haven operates and help you decide if it is a good choice for you.
- Up to $3 million of coverage
- Very low premiums for young people
Haven Overview
Founded in 2015, Haven is a relative newcomer to the life insurance marketplace but already establishes itself as a name that people can rely on. Thanks to high coverage amounts, affordable premiums, and an easy application process, there’s a lot to love about Haven’s service.
However, It’s not for everyone. Before you apply, you should be aware that Haven doesn’t offer life insurance to those aged over 65 or whole life coverage.
Instead, Haven provides two different term life insurance packages to serve modern customers seeking a simple and affordable insurance option.
While some of the older and more traditional life insurance carriers require new customers to wait several weeks before getting approved in addition to lengthy tests and exams, Haven gives you a much simpler and faster choice.
How Does Haven Life Insurance Work?
As stated above, Haven offers term life insurance for those up to 64 years of age. Those aged under 60 can apply for up to $3 million of coverage, while those between 60 and 64 years of age can request up to $1 million of coverage.
There are two main life insurance policies sold by Haven: Term and Simple, with policy terms ranging from 5 years to 30 years.
Term insurance is the flagship product, which is one of the best options out there for families. The application process is easy and convenient, but you may need to go for a medical exam to confirm your current state of health.
The Simple plan is even easier to apply for because you won’t need to do a medical exam to get this plan. This simplicity costs a little more since you will skip the medical exams, and maximum coverage of the Simple Plan is set at $500,000.
Regardless of the option you choose, you will be purchasing your policy from a trusted and proven company with premiums starting as low as $13.45 per month and a straightforward digital application process that can be completed in under half an hour.
Back totop ↑How Do I Get Haven Life Insurance?
Here’s how you can get Haven life insurance:
- Visit the official Haven site.
- Read more to learn about Haven and its policies, and click ‘Apply Now’ when you’re ready to continue.
- Haven will then show you all the criteria you need to qualify for its coverage, and as long as you meet the requirements, you can start entering some basic information to get started.
- Enter some basic details like social security number, height, weight, address, and personal medical history.
- Once you’ve entered all the information, Haven will present you with sample quotes and instruct you on the next steps. If you choose the Simple plan, you can sign up right away. If you opt for the Term plan, you may need to schedule a medical exam.
Final Word
Haven is an excellent life insurance policy provider with many benefits for its customers. Simplicity, affordability, and convenience are Haven’s primary objectives, and it goes out of its way to make things easy for both prospective and current clients. Keep in mind the age and coverage limits, and remember that you may need to schedule a medical exam if you want the maximum coverage on a term policy.
Back totop ↑* This content is not provided by the financial institution or the offer’s provider. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and does not constitute a financial or expert advice.