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Death is an unpleasant subject to think about, but if it happened to you, would your spouse be able to financially support your family? Chances are, they’ll face difficulty making ends meet without you. If that’s the case, you should consider buying life insurance.
Do you need life insurance? Click here to find out.
Haven Life is a term life insurance provider that lets customers apply for and manage their life insurance policy online. In our review, we’ll cover Haven Life policies, features and costs, so you can decide if purchasing Haven Life insurance is right for you.
Haven Life Features

Most people are drawn to Haven Life because it allows you to easily apply for and manage a life insurance policy, without any need to interact with an agent. That means no commission fees, no up-selling and no hassle. If you do have any questions during the process, the company’s customer service can help.
Policy features include:
- Level premiums. Your monthly payment will remain the same throughout the term.
- Accelerated death benefit rider. If you become terminally ill, you can access a portion of the policy benefit early to assist with end-of-life medical care or other needs.
- Disability waiver of premium rider (available in some states and carries an additional fee). If you become totally disabled from illness or injury, you don’t have to pay premiums during that time. If the disability extends beyond six months, a full refund will be issued.
Haven Life Insurance Policies
Haven Life offers term life insurance and term simplified life insurance. They don’t have any permanent life insurance options, like whole life insurance.
Haven Term
This flagship term life insurance policy is a good fit for most families. It’s easy on your budget, convenient to purchase and is accompanied by no-cost benefits. Haven Term is available in coverage amounts up to $3 million.
Product Type | Medically underwritten term life insurance |
Medical Exam | Likely, but not in all cases |
Age Eligibility | 20 – 65 |
Coverage Amounts | $250,000 – $3 million |
Available Terms | 10, 15, 20, 25 and 30 years |
Payout | Tax-free lump sum |
Additional Features | Level premiums Accelerated death benefit Paperless processing No obligation free look period Haven Life Plus |
Haven Simple
This term life insurance policy was created for those who want to skip the medical exam and don’t mind paying a little more for the convenience. Haven Simple is available in coverage amounts up to $500,000. This policy is not available for residents in CA, DE, SD, ND or NY.
Product Type | Simplified issue term life insurance |
Medical Exam | No |
Age Eligibility | 18 – 65 |
Coverage Amounts | $5,000 – $500,000 |
Available Terms | 10, 15, 20 and 30 years |
Payout | Tax-free lump sum |
Additional Features | Level premiums Accelerated death benefit Paperless processing No obligation free look period Credit card payments accepted |
Haven Life Insurance Cost
As with any life insurance, the cost will depend on several factors, such as:
- The type of coverage you purchase
- How long the coverage lasts
- The coverage amount
- Personal factors like gender, age and health
Below are some quotes for life insurance, pulled from Haven Life’s site:

Bottom Line
Haven Life is an excellent option if you’re looking to purchase affordable term life insurance online. It’s simple, it’s quick and it’s commission-free.
Ladder is another term life insurance provider. Their low-cost policies are flexible, and they’re backed by Fidelity Security Life Insurance and Hannover Life Reassurance Company of America. Ladder is currently offering a $50 cash bonus for every person you refer.
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