Haven Life was founded in 2015 on the principle of making life insurance simple and accessible. The entire application process for a policy from Haven Life is online, which made Haven Life standout from other life insurers. Because of this, the company has been featured in publications such as The Huffington Post, Forbes, Business Insider, The Wall Street Journal, and others.

Haven Life offers future policyholders term life insurance with a quick application and approval process. It offers term policies that do not require a medical exam in certain cases. Often no-exam life insurance policies have slightly higher premiums than policies that require a medical exam.

The Good

  • Real Rate Quotes
  • Online Signup
  • Backed by MassMutual

Real Rate Quotes

Haven Life offers potential policyholders real rate life insurance quotes. These quotes are based on the life insurance application information potential clients submit and other information from the underwriting process. These real rate quotes are available to applicants following the online application process.

Potential clients may need to undergo a medical exam prior to receiving approval and a finalized rate.

Life insurance rates are based on several factors, including the amount of benefit coverage purchased, age, gender, occupation, and health. While no-exam life insurance is more convenient to purchase, the cost of these policies is a little higher than those of exam life insurance policies. 

Online Signup

Haven Life is a pioneer of online life insurance coverage. Nearly the entire process of signing up for your policy is paperless. This makes buying life insurance an easier and more convenient process.

Backed by MassMutual

MassMutual (Massachusetts Mutual Life Insurance Company) owns Haven Life. This backing by a strong company in the life insurance industry is a great sign of stability and allows clients to trust Haven Life. MassMutual also has high financial strength ratings, which speaks to its financial stability.

The Bad

  • Short Time in Business
  • Only Term Policies

Short Time in Business

With a life insurance provider, it's typically best to go with a company that's been established for decades, especially since policies are so long term. Since Haven Life is still relatively young compared to other life insurance companies, it can be tough to gauge where the company will be in coming years.

However, Haven Life is backed by MassMutual which has a long history as an insurer and high financial strength ratings. This backing offers Haven Life clients more security and stability when they buy a term life insurance policy from it.

Only Term Policies

According to what we could find, Haven Life only offers term policies. Other top life insurance providers offer not only term policies, but whole, universal, and variable universal policies as well. 

While a permanent insurance policy offers coverage for an entire lifetime, a term life insurance policy is cheaper because it only offers insurance coverage for a specified period of time.

Potential clients interested in buying a permanent life insurance policy will have to find another company.

If you're looking for a good term life policy with a convenient online application process, Haven Life is a great choice.

The Bottom Line

Haven Life is still fairly new among life insurance providers, but it has turned some heads since its inception. Its financial backing with MassMutual is also encouraging considering its young age in the industry. The backing means that clients can trust Haven Life and be confident buying life insurance from it.

While those interested in a whole, universal, or variable insurance policy will need to look elsewhere, Haven Life is a good Haven Life stands out from other insurers for its focus on term life insurance coverage and use of an online life insurance application. Purchasing a life insurance policy from Haven Life is a simple process, especially compared to more traditional life insurance companies.

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User Reviews

Star Rating

4.9
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6 Reviews

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Daniel Knisley

April 15th, 2020 Mt Pleasant, NC DETAILS arrow_drop_down
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Obtaining a term life policy with Haven Life was quick and easy. I highly recommend them for your life insurance needs.

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Reply from Haven Life

May 14, 2020

Hi Daniel, We're so happy to hear we were able to provide a smooth experience for you. We really appreciate you choosing Haven Life and we're always here to help. Best, Elle

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Martin Dvantman

March 26th, 2020 Miami, FL

Was very easy to purchase my life insurance, the process was online and everything was very clear and easy from the beginning.

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Reply from Haven Life

Mar 27, 2020

Thanks for taking the time to share your experience with Haven Life, Martin! We're so happy to help you protect those who matter the most. Best, Elle , Haven Life Customer Success

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James Plemmons

May 20th, 2020 Moncks Corner, SC DETAILS arrow_drop_down
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The process was what I liked best about Haven Life. It was pretty straight forward toward a successful result. Step by step instructions were easy to follow and the people involved were professional and knowledgeable.

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Reply from Haven Life

Jun 03, 2020

Hi James, We're so happy to hear we were able to provide a smooth experience for you. We really appreciate you choosing Haven Life and we're always here to help. Best, Elle

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Tocarra Jones

May 7th, 2020 Orlando, FL DETAILS arrow_drop_down
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My wife found this company through our bank Navy Federal and I couldn't be more satisfied. It was quick and easy process. They have really great rates and they even pay for your ex.

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Reply from Haven Life

May 14, 2020

Thank you for sharing your experience, Tocarra! We're honored to have been able to provide you with an easy process. Best, Elle

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J Hayes

May 7th, 2020 Corpus Christi, TX

Sometimes life plans change as it did for my wife and I. We find ourselves raising three of our grandchildren, and our main priority is to provide for them now and in the future the best we can. Working with Haven Life to secure a term life insurance policy has been an easy process. I did have to have a medical exam, but Haven made that a quick and easy process as well at no cost to me. I now have the added peace of mind knowing that for the next 20 years my family has some extra security.

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Reply from Haven Life

May 14, 2020

We really appreciate you taking the time to share your thoughts, J! We know protecting your loved ones is incredibly important and we value your choice to use Haven Life. Please know we're always here if you need! Best, Elle

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Malia Tice

March 18th, 2020 Truckee, CA

Applying online is great, but making the medical appointment needs to be easier. The fact that you cannot book online nor can you book more than 2 weeks out is very frustrating.

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Reply from Haven Life

Mar 20, 2020

Hi Malia, Thanks for taking the time to share your experience with us! I am sorry to hear that your exam scheduling experience didn't quite meet your expectations. At this time, our exam vendor does not support extended scheduling or online self-scheduling. To help make this process easier, our team reaches out directly to applicants to help them schedule an appointment which works for them. We can definitely see how these features would be helpful and would be happy to share this feedback directly with our vendor. We are always working to streamline the exam process for our applicants. Please know our team is always here to help with any questions you have about your policy. So glad to have you as part of the Haven Life family! Best,

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