Quility Life Insurance - Reliability, Coverage Options, and Benefits

Who Is Quility, and Are They Reliable?

Quility is a life insurance agency founded in 2009 by Brandon Ellison. In 2020, the company merged its network of licensed agents from Asurea and Symmetry Financial Group to form Quility. Today, Quility collaborates with major industry names like Mutual of Omaha, SBLI, Americo, and John Hancock.

Rather than issuing policies directly, Quility partners with established providers to streamline the approval process and offer innovative products. For instance, Quility’s instant issue life insurance policy, backed by SBLI, can be purchased online in less than 15 minutes—no medical exam required.

All of Quility's partner providers have earned an A- (Excellent) or better rating from AM Best, the world’s largest credit rating agency for insurers. These ratings ensure financial stability and reliability.

What Types of Life Insurance Does Quility Offer?

Quility offers both instant issue term life and whole life insurance, with no medical exam required. Here’s a quick breakdown:

• Term Life Insurance: Applicants can purchase up to $2,000,000 in coverage. Policies are available in 10, 15, 20, 25, and 30-year terms for people aged 18 to 65. Coverage is issued within minutes.

• Whole Life Insurance: Provides lifetime coverage for final expenses. These policies offer level premiums until age 100 or beyond and are available without a medical exam, even for those in poor health.

Coverage starts immediately upon payment approval, and policies are electronically issued within five minutes.

Quility's Instant Issue Process

Quility has revolutionized the life insurance application process with its instant issue life insurance. This system allows applicants to receive coverage quickly without the need for a medical exam, providing a fast and efficient solution for those who want immediate protection.

At the core of Quility's instant issue process is advanced technology that electronically reviews your health data in real time. Rather than requiring a physical exam or lengthy underwriting process, Quility taps into various health databases to assess your risk and determine your eligibility for coverage.

This includes accessing your prescription history, Medical Information Bureau (MIB) records, driving history, and attending physician statements if necessary. These digital tools allow Quility to gather the most relevant information about your health without the delays associated with traditional methods.

By using these data points, Quility accelerates the approval process while maintaining accuracy. Health data is analyzed within minutes, allowing you to receive an approval decision shortly after submitting your application. This streamlined process enables many applicants to secure a policy and start their coverage in as little as 15 minutes.

Quility’s instant issue process doesn’t sacrifice thoroughness for speed. The electronic checks ensure that the information used to determine your eligibility is as precise as possible. This method offers a reliable snapshot of your health without the need for a physical exam, making it a convenient and efficient option for those who need life insurance quickly.

Quility's Customer Reviews and Reputation

When choosing a life insurance provider, it’s important to select a company with a strong reputation for financial stability and paying claims. Quility meets this standard:

• Better Business Bureau (BBB): Quility holds an A+ rating and has no negative reviews, a rare achievement for an insurance provider.
• Glassdoor: With a 4.3-star rating, 90% of employees would recommend working at Quility—signifying strong internal stability.
• Facebook: Quility has over 6.6k likes, with mostly positive comments on their posts.

More importantly, Quility partners with top industry giants like SBLI, Mutual of Omaha, and John Hancock, all of which maintain high ratings from third-party evaluators such as AM Best.

Is Quility a Good Option For You?

Quility's life insurance products are designed for busy individuals who want a quick, hassle-free buying process. Policies can be purchased without a medical exam, making them ideal for those in a rush—such as individuals finalizing a divorce or securing a business loan.

However, Quility may not be the best option for everyone. Their policies tend to be more expensive than those requiring a physical exam. If saving on premiums is your priority, opting for a fully underwritten policy with a medical exam is often more cost-effective.

Because life insurance premiums increase with age, if you're over 50 or have health conditions, taking a medical exam could save you up to 40% on your premium. This allows insurers to base your pricing on your current health rather than assumptions made from your medical records.

How Quility Compares to Competitors

When choosing a life insurance provider, it’s important to compare policy options, ease of application, cost, and coverage limits to find the best match for your needs. Here’s how Quility stacks up against some of the top competitors in the life insurance industry:

1. Policy Options

Quility: Offers both term life and whole life policies with no medical exam required for up to $2,000,000 in coverage. This flexibility is ideal for those in average or good health.

Competitors: Many traditional life insurance providers require a medical exam for higher coverage amounts. Quility’s instant issue policies stand out for applicants who prefer a streamlined application process.

2. Application Process

Quility: Known for its instant issue process, Quility uses electronic health data like prescription history and MIB (Medical Information Bureau) records to approve applications quickly. You can apply and get coverage within 15 minutes online, without the need for a physical exam.

Competitors: Many competitors offer a more involved application process, requiring in-person meetings, medical exams, or longer underwriting times. Some providers may take weeks to approve coverage.

3. Cost of Policies

Quility: Quility’s policies may cost more than those that require a medical exam, especially for individuals with minor health concerns. The convenience and speed of no-exam policies come at a slightly higher premium.

Competitors: Competitors that require a medical exam often offer lower rates, especially for individuals in excellent health. For those seeking the lowest premiums, fully underwritten policies from other insurers may be a better option.

4. Coverage Limits

Quility: Offers up to $2,000,000 in term life coverage with no medical exam, which is one of the highest limits available for instant issue policies. Whole life policies are also available for final expenses.

Competitors: Many other providers cap no-exam policies at lower amounts, usually around $500,000 or less. For higher coverage needs, Quility’s instant issue policies are more competitive.

5. Speed and Convenience

Quility: With Quility, you can complete the entire process online in minutes. This makes it an excellent option for individuals who need life insurance fast, such as for a loan application or divorce settlement.

Competitors: Traditional insurers often require a more time-consuming process that can take several weeks. This makes Quility a faster and more convenient option for those who need coverage quickly.

Pros and Cons of Buying Life Insurance from Quility

Pros:

• Fast and Easy Application: You can apply and receive approval in minutes without the need for a medical exam.
• Instant Coverage: Policies are issued immediately after payment, making Quility an ideal choice for those who need life insurance quickly.

Cons:

• Higher Cost: Policies that skip the medical exam typically come at a higher price.
• Health Review: Even though there’s no exam, Quility uses your prescription history, medical records, and other reports to evaluate your health.

How Much Does Life Insurance from Quility Cost?

The cost of life insurance varies depending on age, term length, coverage amount, gender, and health status. Typically, younger and healthier individuals, as well as females, pay lower premiums.

Here are sample rates for Quility’s instant issue life insurance policies:

30-Year Old Male in Good Health: 

20-year level term for $200,000 - $15/month

20-year level term for $300,000 - $20/month

20-year level term for $500,000 - $30/month

32-Year Old Female in Good Health:

How Do I Apply for a Policy from Quility?

Applying for a Quility policy is straightforward. Enter your details into the form on this page, and you'll receive a quote instantly. If you like the rates, you can complete your application online and get a decision in less than five minutes. Once approved, Quility will send you a PDF copy of your policy for safekeeping.

If you prefer working with a licensed agent, you can contact us directly at 855-247-9555. We partner with 63 top-rated life insurance providers, giving us access to a wide range of coverage options, including policies that may not require a medical exam. Our comparative shopping services are completely free, and there's no cost or obligation to apply for coverage.

How We Can Help

JRC partners with over 60 top-rated insurers, including Quility, to find the best life insurance coverage tailored to your needs. As an independent agency, we provide unbiased advice and access to dozens of providers, ensuring you get the best value for your coverage.

Call us today at 855-247-9555 to speak with an expert who can help you find the right life insurance policy—no obligation, no cost to apply.