Bestow vs Quotacy

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 using an algorithm for underwriting. 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
#1 Bestow
9.1 Overall Score
4.7
starstarstarstarstar_half
(13)
Quotacy logo verified_user
#2 Quotacy
9.0 Overall Score
4.8
starstarstarstarstar_half
(33)

Overview

Bestow

Quotacy

Monthly Premium
Monthly Premium
As Low As $5
Undisclosed
Policy Types
Policy Types
check
Term
check
Term
check
Whole
Coverage
Coverage
49
51 states
Time In Business
Time In Business
4 Years
6 Years

Ratings

Bestow

Quotacy

Overall Score
Overall Score
9.1 of 10
9.0 of 10
Review Score
Review Score
4.7
starstarstarstarstar_half
4.8
starstarstarstarstar_half
Value for Money
Value for Money
4.9
starstarstarstarstar_half
4.6
starstarstarstarstar_half
Quality of Product or Service
Quality of Product or Service
4.9
starstarstarstarstar_half
4.6
starstarstarstarstar_half
Customer Service
Customer Service
5.0
starstarstarstarstarstar_half
4.9
starstarstarstarstar_half
Company Trustworthiness
Company Trustworthiness
5.0
starstarstarstarstarstar_half
4.5
starstarstarstarstar_half
Likely to Recommend
Likely to Recommend
9.9 of 10
8.9 of 10

Reviews

Bestow

Quotacy

Number of Reviews
Number of Reviews
13
33
Review Breakdown
Review Breakdown
4.7
starstarstarstarstar_half
5 star
92%
4 star
0%
3 star
0%
2 star
0%
1 star
8%
4.8
starstarstarstarstar_half
5 star
88%
4 star
6%
3 star
3%
2 star
0%
1 star
3%

Reviews for Bestow

Helpful Favorable Review

starstarstarstarstar

J Y

July 24th, 2019 Argyle, TX DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

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!


Helpful Critical Review

starstar_borderstar_borderstar_borderstar_border

Omar C

October 15th, 2019 Shreveport, LA

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


Reviews for Quotacy

Helpful Favorable Review

starstarstarstarstar

Kymberlee Yack

January 17th, 2019 Orem, UT DETAILS arrow_drop_down
Value for your money
starstarstarstarstar
Quality of product or service
starstarstarstarstar
Customer service
starstarstarstarstar
Company trustworthiness
starstarstarstarstar

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


Helpful Critical Review

starstar_borderstar_borderstar_borderstar_border

CindyD

February 4th, 2020 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.


The Final Word

Both Bestow and Quotacy work with 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 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 or 2, 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. Bestow shows monthly cost information for its policies without asking applicants to provide demographic information. For a more accurate quote, site visitors can input some general demographic information. Once you start the application process, Bestow shows what rates and term lengths are available to you. Depending on your circumstances, you can be approved immediately for a policy online.

Quotacy’s process is different. Quotacy will not show an estimate until after you enter some demographic information in its online application. For a better quote, interested individuals must provide more information on the application. 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.

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