Haven Life Insurance Review for 2019

Written by Rob Pinner

With the explosion of no exam life insurance, Haven Life Insurance has been making waves. Haven Life is an online life insurance agency, offering only term life insurance products.

Haven Life Insurance products are underwritten by MassMutual. The entire Haven Life process is completed online, which includes getting quotes, doing the application, and when approved, you purchase the policy.

All done without ever speaking to an agent. Haven Life sells affordable no exam term life insurance.

Haven Life Insurance History

Haven Life is based in New York City and was founded in March of 2014. They are entirely owned by MassMutual. MassMutual has been protecting families since 1851.

MassMutual- Haven Life Insurance Ratings


MassMutual has an great reputation in the insurance industry which is backed up by its ratings with the four major credit bureaus. They are:

  • A.M. Best- A++
  • Standard & Poor’s- AA+
  • Fitch- AA+
  • Moody’s- Aa2

Mass Mutual also has a Comdex score of 98 to go along with their exceptionally ratings. The Comdex score rates insurance company’s on the most likely to pay claims with ease.

Haven Life has maintained an “A+” grade with the Better Business Bureau since July of 2016. MassMutual and Haven Life Insurance are one the most secure and financially strong life insurance companies who do business in the United States.

Haven Life Term Life Insurance

haven life Haven Life Insurance Review for 2019

Haven Life Insurance only offers term life insurance, no universal life insurance or whole life insurance. When you buy term life insurance, you purchase the coverage for a certain number of years.

The premiums remain level until the coverage period expires and then your policy becomes annually renewable. This usually comes with a premium increase also. With term life insurance most other companies give you the option to convert to a permanent policy during your coverage period, Haven Life does not.

Applicants up to age 60 and in good health are able to purchase up to $2 million of death protection without an exam. Ages 60-64 are eligible for up to 1 million in coverage.

But don’t be fooled, you must considered a qualified applicant (No health problems) to qualify for a no exam term life policy. Most consumers will still be required to take an exam and have up to 90 days to complete.

Also, Haven Life Insurance offers the accelerated benefit rider to there term life insurance at no extra cost. This rider allows you access a portion of your death benefit is you are diagnosed with a terminal illness to help cover medical bills or other expenses.

Haven Life Plus

The Haven Life Plus is a rider attached to their term life insurance which was created to help there customers live a healthier and fuller lives. This rider includes:

  • Trust & Will: Haven Life Insurance has created an online platform for creating a will for you and your family with unlimited updates for a year. Wills usually run a couple hundred dollars, but this service is included with Haven Life Plus
  • LifeSite: This is a digital safe deposit box stored securely in the cloud. This allows family members easy access to your important documents. A service like this cost around $80/ annually but free with Haven Life Insurance.
  • MinuteClinic: Located in Target and CVS Pharmacy. You receive a single voucher for 15% of any visit to the MinuteClinic.

Getting Quotes from Haven Life Insurance

If you are looking for a personal life insurance quote, be sure to have the following information for Haven Life:

  • Age
  • Gender
  • Health status
  • Tobacco use
  • Death benefit amount
  • Length of the policy

After choosing the policy that best fits your needs, Haven Life Insurance will ask you to create an account to save your application.

After creating your account, you will then proceed to the full application page and complete. Haven Life will pull the following items to see if you qualify for no exam:

  • Medical Script Check
  • Motor Vehicle Record
  • Credit Report
  • Background Check
  • Medical Information Bureau Info

Haven Life will use all that data and give you an instant approval or refer you to take an exam. You have 90 days to complete the exam. Once again, all done without an agent.

If approved then you electronically sign the application, set up payment plan, and you are covered. Most times they can even email you the policy.

Our Thoughts

Haven Life Insurance is a great insurance company to work with. They have the backing of MassMutual which owns all the top ratings from the credit agencies. In other words they will pay the claim when the time comes.

The one downside in my opinion is not having an agent to assist you. Not having an agent could mean not having enough life insurance for your family, paying to much for your policy, and not having someone to call when you have a question about your policy. And you can still do this without ever seeing an agent, just speaking to one over the phone, like us.

If you have any questions or would like a quote please don’t hesitate to give us a call or comment below.

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Rob Pinner
Rob Pinner

My name is Rob Pinner and I own EasyQuotes4You. At EasyQuotes4You we aim to make your life insurance buying process a smooth and stress free transaction.  We are independent life insurance agents servicing all 50 states. I have over 15 years of experience and have focused solely on life insurance for the past 5 years. If you have any questions or comments please don’t hesitate to give us a call.

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