Homepage > Life Insurance > Insuranks.com Ranks 2020's Best Life Insurance Companies
February 16th, 2021
Insuranks.com, the leading online insurance marketplace and educational website that was founded by Israeli entrepreneur, Ofir Sahar, has published its ranking of the best life insurance companies and services of 2020.
The ranking is based on customer reviews as well as expert analysis of countless life insurance companies, products and services throughout 2020.
On top of the list with perfect 5/5 ratings are 3 digitally innovative life insurance companies:
Marked as the best option for millennial bargain shoppers is Jenny Life, a fully digital, AI-driven life insurance agency that makes getting free instant life insurance quotes online at affordable rates (plans start from $7/month) across USA easier than ordering pizza! You can get quotes in a matter of seconds, customize your policy and sign up online with no medical exam within minutes, get unlimited access to agents and enjoy their seamless user experience which makes life insurance simple and surprisingly fun!
Recommended as best for millennials is Bestow, a digital term life insurance company that's providing a unique and innovative term life insurance experience that was built for the digital era. It's very easy to apply online for up to $1 million policies with no medical exams, agents or paperwork required. Bestow's plans start at $16 a month.
The last company that scored a perfect 5/5 in our 2020 research is Ladder, a techonlogy driven, innovative life insurance company that provides flexible term life insurance solutions at affordable rates, fully online and mostly with no medical exam requirement. Its one million dollar policies start from $25 a month. No wonder why we tagged it as the best option for those looking for flexibility with term life insurance policies of $100k to $8 million annual face value.
Other life insurance companies in the research that did not score a perfect 5/5 but are worth noting are Fabric, Sproutt, Northwestern Mutual, Chubb, State Farm and Prudential.
Insuranks.com is an online insurance marketplace and educational website that ranks insurance companies and services based on expert analysis and customer reviews, to help create more awareness for insurance consumers and help them make better insurance decisions. It was founded in 2019 by Ofir Sahar.
You can read the full analysis at https://www.insuranks.com/compare-life-insurance-quotes
I'm executor of my father's estate and having to deal with AIG annuity services has been nothing short of a nightmare. The level of incompetency and true ignorance by the service reps is appalling. The average hold time is 30 minutes and the amount of times calls are dropped is beyond normal. Just a unhelpful awful and time consuming experience with a huge company that apparently hires 1 person (who uses several different names, but sounds the same) to field these calls, with absolutely no clue of the legalities of beneficiaries. #SHAMEFUL
Here are my two cents: AVOID SPROUTT AT ALL COSTS!!
Sproutt is a completely useless brokerage service. They didn't do add any value to us. They provided us with plans and policies that we don't need. Service is very unprofessional and unhelpful, the other way around actually. They claimed my BMI was too high for my data and didn't insure me because of that. How disgraceful. But even after they said I cannot be covered, they keep calling and sending me emails regularly to apply. No - I would not like to apply to your service, thanks for nothing!
I will never recommend this ridiculous "company" to any of my friends or relatives! Stay away!
Signed up for life insurance with these amateurs a couple of months ago, was requested until they receive my medical records. So I waited. And I am still waiting. They didn't call or got in touch with me for 3 months. WORST EXPERIENCE EVER!