Haven Life Insurance Review 2022

 Haven Life offers term life insurance online, with a streamlined application process that takes about 25 minutes. Applicants up to 59 years old who qualify can buy up to $1 million in coverage that starts right away, with no medical exam required. Haven Life policies are issued by its parent company, MassMutual, one of the largest U.S. life insurers. Haven Life doesn’t sell permanent life insurance.

Haven Life insurance pros and cons


  • Significantly fewer than expected customer complaints.
  • Some applicants won’t need a medical exam.

  • Term life policies cannot be converted to whole life coverage.

Haven Life insurance policies

Haven Life accesses data and uses an algorithm and artificial intelligence to quickly evaluate applicants. The company offers two different types of term life insurance: Haven Term provides up to $3 million of coverage for adults younger than 60 and up to $1 million for applicants ages 60 to 64. Some healthy applicants up to age 59 can qualify for up to $1 million in coverage that starts immediately. But in many cases, applicants must undergo a life insurance medical exam to secure coverage.

Haven Simple is designed for those who prefer not to have a medical exam. It offers up to $500,000 in coverage if your digital application is approved. Haven Simple isn’t available if you live in California, Delaware, South Dakota, North Dakota or New York. Haven Life policies include an accelerated death benefit, which allows you to tap part of the death benefit if you become terminally ill. In some cases, you can buy a waiver of premium rider, which means you wouldn’t have to continue paying premiums if you became totally disabled.

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