Online Life Insurance (Compare Rates and Coverage Options)

There are hundreds of insurance companies in the United States, but only a handful of providers offer online life insurance with immediate coverage.
Also known as instant issue life insurance, these policies provide affordable life insurance coverage that can be purchased from the privacy of your home in as little as 15 minutes.
If you need life insurance in a hurry, or would rather avoid insurance agents, medical exams, underwriters, etc. this article will tell you everything you need to know about online life insurance and the providers that offer it. You can also select your state from the map below to instantly compare your options.
Here’s what we'll cover in this post:Quick Article Guide
*Product/company availability varies by state. On the next screen, you will see a list of providers that are offer life insurance products online in your state.
Can You Buy Life Insurance Completely Online?
Some highly-rated insurance companies offer policies that can be purchased online without meeting with an insurance agent. To apply for a life insurance policy online, all you need to do is complete an electronic application and answer some health and lifestyle questions. No medical exams are required for an approval.Most online life insurance policies are approved and issued instantly which makes them ideal for business owners that need to collateralize a small business loan. Purchasing instant issue life insurance online is also convenient for busy executives, truck drivers, world travelers, or anyone that can't stand the thought of having their blood drawn.
Is There Any Life Insurance that Starts Immediately?
Most online life insurance policies offer immediate coverage when your application is approved. These policies are also known as instant issue because the entire process takes about 20 minutes to complete. As soon as you're approved, you will receive a copy of your policy by email and a confirmation that your coverage is active.
Term insurance is the most popular form of life insurance sold online. It offers level premiums and fixed coverage for a period of 10 to 30 years. These policies are commonly purchased by the family breadwinner to provide a source of income replacement for their loved ones, or secure the mortgage until the balance is paid off.
Some whole life insurance providers also offer instant issue life insurance without a medical exam, but these policies are typically limited to $50,000 of coverage because they are usually purchased to cover burial expenses. To learn more about whole life insurance, please see our article, "What is Whole Life Insurance and How Does it Work?"
Best Online Life Insurance Companies
Our independent agency represents 63 top-rated life insurance providers, but only a handful of these companies offer instant issue life insurance that can be purchased online. Most providers offer accelerated underwriting, which does not require a medical exam, but these policies can still takes weeks to get approved and issued.Company | Issue Ages | Policy Length | Coverage | |
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From: 18 To: 60 |
10 Years - 30 Years |
$100,000 - $2,000,000 | Free Quote |
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From: 20 To: 55 |
5 Years - 20 Years |
$25,000 - $1,000,000 | |
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From: 16 To: 70 |
10 Years - 20 Years |
$100,000 - $500,000 | |
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From: 18 To: 70 |
10 Years - 20 Years |
$100,000 - $500,000 | |
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From: 18 To: 70 |
10 Years - 30 Years |
$25,000 - $300,000 | |
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From: 18 To: 60 |
10 Years - 30 Years |
$100,000 - $750,000 | |
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From: 20 To: 60 |
10 Years - 30 Years |
$100,000 - $3,000,000 |
Here's brief overview of the best online life insurance companies that offer instant issue life insurance and a link to apply for coverage:
#1. Hero Life
Hero Life is an instant issue life insurance provider that offers up to $2,000,000 of coverage to applicants aged 18 to 55, and up to $1,000,000 for those aged 56 to 60. The company offers 10, 15, 20 and 30 year level terms that can be annually renewed until the policyholder reaches age 95, or converted into permanent coverage.
No medical exams or phone interviews are required for approval, and the application takes about 15 minutes to complete online. Hero Life's insurance policies are underwritten and issued by Assurity, an A - (Excellent) rated life provider that was originally founded as the Modern Woodmen Accident Association in 1890.
#2. Haven Life
The Haven Life insurance company is backed and owned by MassMutual, an A++ rated insurer by AM Best. MassMutual is a Fortune 500 company that was founded almost 170 years ago as as The Massachusetts Mutual Life Insurance Company.
Haven offers up to $1,000,000 of life insurance to qualifying applicants under the age of 60 without a medical exam or phone interview. Most applicants are approved online in less than 5 minutes, and all term policies include an accelerated death benefit rider at no additional cost. Apply online with Haven Life now.
#3. Encova Life
With Encova Life, up to $500,000 of instant issue term insurance is available to qualified applicants between the ages of 16 and 70. These policies do not require a medical exam or a phone interview for approval, and they can be converted into permanent coverage until the term ends or the policyholder reaches the age of 70.
The Encova Mutual Life Group, formerly known as Motorist Life, was originally founded in 1928. The company's life insurance products are currently offered by more than 2,000 independent agencies across 28 states and they are rated A - (Excellent) by AM Best for their financial stability.
#4. eLife
eLife is a digital life insurance platform that offers $100,000 to $500,000 of instant issue term life insurance to US citizens and permanent residents between the ages of 18 to 70. The application is completed over the phone with the help of an agent, and typically takes about 20 minutes to complete.
eLife has been operating since 2016, and their policies are underwritten by Pacific Guardian Life and Leaders Life. Both life insurance providers are rated A (Excellent) by AM Best for their financial stability. Currently the company offers 10, 15, and 20 years terms with an accelerated death benefit for terminal illness.
#5. Mutual of Omaha
Mutual of Omaha is a Fortune 500 company that has been operating since 1909. In addition to offering financial products and retirement solutions, they are also known for their wildlife series, Wild Kingdom. In 2016, the company introduced their Term Life Express policy which offers up to $300,000 of coverage to applicants ages 18 to 70.
While Mutual of Omaha's policy does not offer the most coverage, it does offer some great living benefits that can provide an additional layer of protection if you become terminally ill or require nursing care. Mutual of Omaha is rated A+ (Superior) by AM Best for their financial stability.
#6. Savings Bank Life Insurance
Savings Bank Life Insurance, or SBLI, is an A - (Excellent) life insurance provider that has been in business since 1907. While they are not known as an online life insurance provider, they do offer 10, 15, 20, 25, and 30 year terms for up to $750,000 of coverage. No medical exam is required and most qualified applicants are approved within a week.
With SBLI, the policyholder also has the option to keep their coverage active after their policy has expired. Their policies are annually renewable until the age of 85, of they can be converted into permanent coverage before the term expires. This is a great option for people that are no longer insurable due to health issues.
#7. Symetra Financial
Symetra's SwiftTerm policy offers up to $3,000,000 of instant issue life insurance to eligible applicants aged 20 to 60. Unlike some of the other online life insurance providers on this list, Symetra's policies cannot be purchased without an agent to help you through the application process, which takes about 15 minutes.
Symetra Financial began as a subsidiary of Safeco in 1957. In 2016, Symetra was acquired by the Japanese life insurance provider, Sumitomo Life for $3.8 billion. Today, the company manages $29 billion U.S.D in assets and is rated A (Excellent) by AM Best for their financial outlook and stability.
How Much Does Online Life Insurance Cost?
The shortest term available with most life insurance companies is ten years. During this time, your rates are guaranteed, regardless of any changes to your health. Below we've provided some actual life insurance rates by age and gender.Instant Issue Life Insurance Quotes for A Female (10-Year Term)
Age | $50,000 | $100,000 | $250,000 | $500,000 | $750,000 | $1,000,000 |
30 | $6.83 | $7.10 | $8.65 | $10.95 | $12.61 | $15.27 |
35 | $7.26 | $7.22 | $8.74 | $11.86 | $14.00 | $16.14 |
40 | $7.92 | $7.97 | $10.81 | $15.26 | $19.09 | $23.79 |
45 | $8.96 | $9.94 | $14.99 | $23.73 | $31.81 | $37.35 |
50 | $11.31 | $12.87 | $19.96 | $32.69 | $45.21 | $56.89 |
55 | $14.53 | $17.59 | $28.03 | $49.67 | $70.73 | $90.04 |
Instant Issue Life Insurance Quotes for A Male (10-Year Term)
Age | $50,000 | $100,000 | $250,000 | $500,000 | $750,000 | $1,000,000 |
30 | $7.66 | $7.79 | $9.54 | $13.04 | $15.90 | $17.82 |
35 | $7.66 | $7.96 | $9.56 | $13.57 | $17.17 | $19.54 |
40 | $8.48 | $8.59 | $11.64 | $16.86 | $22.16 | $26.32 |
45 | $10.14 | $11.02 | $16.83 | $26.65 | $36.85 | $43.34 |
50 | $13.09 | $14.21 | $23.15 | $39.90 | $56.68 | $69.10 |
55 | $17.27 | $20.77 | $36.74 | $67.08 | $96.82 | $121.18 |
After you apply online, you'll have an option to view you rates and confirm coverage before you are billed for your policy. If you have buyer's remorse, don't worry, most life companies provide you at least 30 days to cancel your policy with a full-refund.
Should I Get Term Life or Whole life?
Before you decide on term life insurance or whole life insurance, you'll want to consider the reason or reasons you are shopping for life insurance.
Term life insurance provides the most coverage for the least amount of money and is sold in 5-year increments. If you want to provide a source of replacement income for your family, consider the number of years until you plan to retire, or the number of years until you expect your children to become financially independent.
Some people also determine their policy's term by considering their financial obligations, like paying off their home, or sending their children to college. In these situations, its best to buy a term policy that will extend past the number of years that you expect to have these debts or obligations.
If you still need some coverage after your term has ended, you may be able to convert your term into permanent coverage. However, it’s still important to structure your policy around your needs. Once your term has ended, your remaining financial obligations and debt should be minimal.
The Case for Whole Life Insurance
If you're only reason for purchasing life insurance to leave an inheritance, fund a trust, or provide money for your final expenses, we recommend avoiding term insurance. In these situations, do not risk outliving your policy, even if your term policy offers a conversion option.Instead, secure an affordable permanent policy and lock in your rates for the rest of your life. Traditional whole life insurance policies generally offer up to $50,000 of coverage that is guaranteed until the age of 100 or later.To learn more about whole life insurance it's alternatives, please see our article,"Is Whole Life Insurance Right for You?"
How We Can Help
JRC Insurance Group is an independently-owned life insurance agency that represents 63 top-rated life insurance companies. By working with a variety of companies, we're able to shop the market on your behalf, allowing us to match you with the best life insurance policy for your needs.Our shopping service is free and there is no cost to apply. To learn more about your options for coverage before you apply online, call us toll-free at 855-247-9555, or request a free instant online quote for life insurance below to compare rates from almost dozens of insurance providers.

Clifford Pendell
Managing Partner and Co-founder
Cliff is a licensed life insurance agent and one of the owners of JRC Insurance Group. He has helped thousands of families of businesses with their life insurance needs since 2012 and specializes with applicants who are less than perfect health. In his spare time he enjoys spending time with family, traveling, and the great outdoors.
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