Bestow vs Quotacy

Alice Stevens
Alice Stevens | Senior Editor
While both Quotacy and Bestow have online application processes for life insurance and work with financially strong life insurers, there are some key differences. Bestow allows the same-day purchase of a life insurance policy for eligible applicants. It also only offers term life insurance.

In contrast, Quotacy allows applicants to buy term life insurance and whole life insurance. Quotacy agents also work directly with life insurance companies to find the best fit for each client. While working with multiple companies, Quotacy agents keep applicants’ information anonymous. Because of this, those applying through Quotacy don’t have to worry about unsolicited sales calls.
Bestow logo verified_user
#3 Bestow
9.0 Overall Score
4.7
star star star star star_half
(13)
Quotacy logo verified_user
#15 Quotacy
7.0 Overall Score
4.8
star star star star star
(33)

Overview

Bestow

A.M. Best Financial Strength Rating

Not Applicable

Policy Types

N/A

Type of Underwriting Offered

N/A

Purchase Process

N/A

Time in Business

5 Years

Quotacy

Not Applicable

N/A

N/A

N/A

7 Years

Ratings

Bestow

Overall Score
9.0 of 10
Review Score
4.7
star star star star star_half
Value for Money
4.9
star star star star star
Quality of Product or Service
4.9
star star star star star
Company Trustworthiness
5.0
star star star star star
Likely to Recommend
9.9 of 10

Quotacy

7.0 of 10
4.8
star star star star star
4.6
star star star star star_half
4.8
star star star star star
4.8
star star star star star
8.9 of 10

Reviews

Bestow

Number of Reviews
13
Review Breakdown
4.7
star star star star star_half
5 star
92%
4 star
0%
3 star
0%
2 star
0%
1 star
8%

Quotacy

33
4.8
star star star star star
5 star
88%
4 star
6%
3 star
3%
2 star
0%
1 star
3%

Reviews for Bestow

Helpful Favorable Review

star star star star star

J Y Argyle, TX

I first heard about Bestow when they popped up on StrictlyVC, a newsletter that follows the hottest startups around the world. This company sold life insurance that was easy to pick and purchase. I got $500K in coverage in minutes and pay very low prices given my excellent health. I was very pleased with the entire process and would recommend them to anyone!

2 years ago

Helpful Critical Review

star star_border star_border star_border star_border

Omar C Shreveport, LA

For healthy people. People with little health problems look elsewhere.

2 years ago

Reviews for Quotacy

Helpful Favorable Review

check_circle

Review Source

star star star star star

Kymberlee Yack Orem, UT

life insurance is so important to have incase anything happens to you. quotacy helped us get the perfect plan and perfect coverage so i know if anything happens to me i know my family will be taken care of

2 years ago

Helpful Critical Review

star star_border star_border star_border star_border

CindyD Chicago, IL

Absolute scam - don't even waste your time filling out their application. When I filled out my application, quotes ranged from $350 to $900 across maybe 10 companies. When I submitted that I'd like to purchase, suddenly, the lowest price was just shy of $1,700 - a nearly 500% markup. This is for a 30 y/o male nonsmoker with no health conditions, so don't let them convince you that it had anything to do with personal specifics; it's strictly a bait and switch scam.

1 year ago

The Final Word

Both Bestow and Quotacy offer policies provided by reliable and financially stable life insurance companies. High financial strength ratings indicate an insurer’s ability to pay claims, so it’s important to buy a policy from a financially strong company. 

Neither Bestow nor Quotacy agents work on commission, so clients don’t have to worry about being upsold or being talked into buying a policy before they are ready to commit.

The biggest difference between Bestow and Quotacy is their life insurance offerings. Bestow specializes in term life policies with lengths of 10 and 20 years. Quotacy also offers term life insurance in addition to whole life insurance. If you’re looking for term life insurance, either company is a good option. If you’re looking for whole life insurance, Quotacy is the better option between the two.

Another difference between Bestow and Quotacy is how the online application and quote process works. Both companies require some demographic information before showing an estimate. 
 
If you want to continue after seeing Bestow's estimate, you must provide your name and contact information so Bestow's platform can complete underwriting. If you're application is accepted, you can buy a policy on the same day.

Quotacy will show quotes and term policies from multiple insurers. You can indicate which one interests you and complete an application online.
 
Once you submit your application, Quotacy agents will start reaching out to life insurers to find you the best fit for the kind of policy you want. While Quotacy’s process takes a little longer, the estimates and quotes it shows are more targeted. Quotacy doesn’t show the lowest possible rates for policies, but the rates that most people would qualify for.

Bestow is a great choice for those interested in quickly buying a term life insurance policy online. Quotacy is a great choice for people looking to find the best insurer for their situation. Quotacy is also nice because it is a brokerage firm, so it sells term and whole policies. Depending on what you’re looking for in life insurance, either company is a good option.

Top Choice

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Bestow

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