The best fast life insurance companies
How we ranked the top life insurers
NerdWallet ’ s life insurance ratings are determined by our editorial team. Star ratings are based on consumer feel, weighted averages of fiscal strength ratings, which indicate a caller ’ sulfur ability to pay future claims, and ailment exponent scores from the National Association of Insurance Commissioners for individual life indemnity. To calculate each insurance company ’ s rating, we adjusted the scores to a curved 5-point scale. These ratings are a usher, but we encourage you to shop around and compare life policy quotes from several companies to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our column guidelines.
Best fast life insurance companies: Pros and cons
Learn more about each company in our list by reading the brief summaries below and checking out the NerdWallet review links.
5.0 NerdWallet ‘s ratings are determined by our editorial team. The scoring formula takes into report consumer complaint and customer satisfaction data . NerdWallet rate
Great for high coverage amounts: Haven Life offers up to $3 million in instant life insurance coverage for eligible applicants.
Our take : Haven Life offers two types of moment biography insurance policies ( Haven Simple and Haven Term ). The applications for both policies are amply on-line. If you ’ re approved, your coverage could be issued within minutes. Haven Simple doesn ’ thyroxine require a aesculapian examination, while some applicants may be asked to take a aesculapian examination to qualify for Haven Term. The policies include two life policy riders at no supernumerary mission. The accelerate death benefit passenger allows you to access a assign of your death benefit if you ’ re diagnosed with a terminal illness, while the accidental death benefit rider pays out an extra lump total if you die in an accident. You can increase your coverage in the inaugural 90 days if you decide you need more life insurance, and decrease it at any fourth dimension. blink of an eye life policies : Haven Simple, Haven Term. Eligibility age range : 20 to 55 for Haven Simple ; 20 to 64 for Haven Term. coverage amount : $ 25,000 to $ 500,000 for Haven Simple ; $ 250,000 to $ 3 million for Haven Term. handiness : All states except CA, DE, SD, ND and NY for Haven Simple ; nationally for Haven Term. condition lengths : 5, 10, 15 or 20 years for Haven Simple ; 10, 15, 20, 25 or 30 years for Haven Term. » Read the full revue : Haven Life indemnity
5.0 NerdWallet ‘s ratings are determined by our editorial team. The scoring formula takes into explanation consumer complaint and customer satisfaction data . NerdWallet fink
Great for customer satisfaction: Fabric received far fewer complaints to state regulators than expected.
Our consider : Fabric sells instantaneous policies worth up to $ 1.5 million. You might be asked to take a aesculapian examination if the insurance company has further questions about your health. Issued by Vantis Life, Fabric ’ second policy includes an accelerated death profit passenger and gives you the option to convert to a permanent policy until the beginning policy anniversary after you turn 65. You can besides decrease your coverage if your life policy needs change. Vantis Life will donate 1 % of the value of your policy ( up to $ 100,000 ) to charity if you die while it ’ s still active. instantaneous liveliness policy : fabric Term. Eligibility long time rate : 21 to 60. coverage amount : $ 100,000 to $ 1.5 million. handiness : All states except MT and NY. term lengths : 10, 15, 20, 25 or 30 years. » Read the full review : framework life insurance
4.5 NerdWallet ‘s ratings are determined by our editorial team. The scoring formula takes into report consumer charge and customer satisfaction data . NerdWallet rat
Great for policy add-ons: The insurer offers a child rider that can cover multiple children. You can also choose to add a waiver of premium or accelerated death benefit rider to your coverage for an additional fee.
Our take : Lincoln Financial allows you to apply for a no-exam policy on-line or over the phone. You can upgrade to permanent coverage before your term policy expires or you reach your seventieth birthday — whichever comes first. The policy is guaranteed renewable up to historic period 95. instant life policy : Lincoln TermAccel. Eligibility old age roll : 18 to 60. coverage come : $ 100,000 to $ 1 million. handiness : All states except NY. term lengths : 10, 15, 20 or 30 years. » Read the full review : Lincoln Financial biography insurance
4.0 NerdWallet ‘s ratings are determined by our column team. The scoring recipe takes into report consumer charge and customer gratification data.
Great for flexibility: Bestow offers instant policies lasting 10 to 30 years, including less common lengths like 15 and 25 years.
Our take : Bestow ‘s application is fully on-line. If you ’ ra eligible, you can buy up to $ 1.5 million in coverage without a medical examination, and the policy is open to people ages 18 to 60. As for drawbacks, you can ’ t customize your coverage with riders, and people with preexistent health conditions might be denied. blink of an eye life policy : Bestow Term. Eligibility age stove : 18 to 60. coverage come : $ 50,000 to $ 1.5 million. handiness : All states except NY. term lengths : 10, 15, 20, 25 or 30 years. » Read the full moon review : Bestow life policy
4.0 NerdWallet ‘s ratings are determined by our editorial team. The scoring recipe takes into account consumer complaint and customer atonement data . NerdWallet rat
Great for instant whole life: The insurer offers a choice of term or whole life insurance, which is rare for instant policies.
Our learn : Erie ’ south policy is one of the most flexible on the market. If you qualify, the coverage can go into effect the same day you apply. otherwise, you may need to take a medical examination. You can buy little amounts of coverage, starting at $ 10,000, and a term deoxyadenosine monophosphate brief as five years. An accelerated death profit rider is mechanically included. blink of an eye life policy : ERIExpress Life. Eligibility long time range : 18 to 55. coverage amount : $ 10,000 to $ 500,000. handiness : All states except NY. term lengths : 5, 10, 15, 20 or 30 years. » Read the full reappraisal : Erie life indemnity
3.5 NerdWallet ‘s ratings are determined by our editorial team. The scoring recipe takes into account consumer charge and customer satisfaction data . NerdWallet rat
Great for nationwide availability: Unlike most of the instant policies on our list, Ladder’s term life is available nationwide.
Our take : Ladder stands out for offering up to $ 3 million in instant animation insurance coverage on-line, making it one of the most generous policies on our list for qualifying applicants. If you ’ re looking for an tied larger policy and will to take a gamble, you can apply for up to $ 8 million in coverage — but you might be asked to take a life insurance medical examination. The insurtech partners with Fidelity Security Life Insurance Company and Allianz Life of New York to offer policies nationally. You can decrease your coverage on-line or on the app, and the changes go into effect right away. To increase your coverage, you ‘ll need to fill out an application class. blink of an eye life policy : Ladder Term Life. Eligibility senesce range : 20 to 60. coverage total : $ 100,000 to $ 3 million. handiness : All states. condition lengths : 10, 15, 20, 25 or 30 years. » Read the wax review : Ladder Life insurance
3.5 NerdWallet ‘s ratings are determined by our column team. The scoring convention takes into account consumer complaint and customer satisfaction data . NerdWallet rate
Great for death benefit flexibility: Qualifying applicants can buy coverage worth up to $2 million, with the option to reduce the amount after the policy has been in effect for one year.
Our film : If you need a lot of life policy ASAP, Brighthouse ’ s SimplySelect might be a good fit. The policy features an accelerated death benefit rider and can be converted to a permanent policy subsequently on. It ’ mho besides renewable up to old age 95, which means you can keep the policy after the initial condition expires without going through the life insurance application work again, though your premiums will rise. moment life policy : Brighthouse SimplySelect. Eligibility age image : 25 to 50. coverage sum : $ 100,000 to $ 2 million. handiness : All states except CA, IL, LA, ME and NY. term lengths : 10, 20 or 30 years. » Read the full follow-up : Brighthouse Financial life policy
Alternatives to the best instant life insurance
If you ’ re not in a meter crunch, consider applying for a traditional life insurance policy. You ’ ll most likely motivation to take a medical examination, but if you ’ re relatively healthy, you could end up paying less for your policy. Term life policy lasts a arrange number of years, while permanent life policy offers lifelong coverage and builds cash value over prison term.
Insurer complaints methodology
NerdWallet examined complaints received by state of matter insurance regulators and reported to the National Association of Insurance Commissioners in 2018-2020. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary company, measuring its share of entire complaints relative to its size, or share of entire premiums in the industry. To evaluate a company ’ s ailment history, NerdWallet calculated a similar index for each insurance company, weighted by marketplace shares of each subordinate, over the three-year period. Ratios are determined individually for car, home ( including renters and condominium ) and life indemnity .