What is Everyday Life?

Everyday Life is a leading digital agency specializing in customizable life insurance solutions to cater to individual needs. With the convenience of an online platform, prospective customers can effortlessly provide essential information such as their ZIP code, birthday, height, weight, and desired coverage. The standout feature of Everyday Life is that most policies can be obtained without the need for a medical exam, offering a streamlined application process. Starting at an affordable price of $4.61, Everyday Life provides accessible life insurance plans, with an average cost of $15 per month. Experience the ease and affordability of Everyday Life's life insurance options, tailored to provide financial security and peace of mind.

Everyday Life Business Insurance Products

Everyday Life partners with FidelityLife, William Penn, Bestow, Surety, BannerLife, and SBLI to provide insurance to a range of customers. The agency exclusively connects customers with term and whole life insurance policies up to $10 million and term coverage from 10 to 40 years. While this structure means customers can choose the best quote from several underwriters, available coverage may vary from provider to provider.

Key Features of Everyday Life

Because Everyday Life is an entirely digital agency, it doesn’t directly underwrite any policies. Instead, its partners offer coverage, with policy features varying from provider to provider. Keep an eye out for the following features when reviewing quotes from the insurance companies available through Everyday Life.

• Life insurance calculator: Everyday Life’s Ultimate Life Insurance Calculator lets users enter a few basic data points and matches them with a customized plan and coverage amount based on needs, health, and lifestyle.
• Term coverage: Coverage lasts for 10, 15, 20, or 40 years depending on the policy.
• Death benefit: Death benefit coverage varies by policy but can extend anywhere from $25,000 to $10 million.
• Age availability: Life insurance policies are available to consumers between the ages of 18 and 85.
• Medical exam requirements: A medical exam is not typically required for most policies under $1 million, but these requirements may vary by the insurance provider.

Everyday Life Pros and Cons

Working with a digital insurance agency like Everyday Life grants you access to the most competitive quotes available from a diverse range of insurance companies. This allows you to explore multiple options and find the best coverage that suits your needs. However, it's important to acknowledge that there are certain drawbacks associated with not working directly with an insurance provider. By understanding both the advantages and limitations, you can make an informed decision about utilizing the services of a digital insurance agency like Everyday Life.

Pros

• Applications can be completed online: Unlike many conventional life insurance agents, Everyday Life lets users complete their applications online.
• Custom quotes: Life insurance plans available through Everyday Life are customized to fit individual applicants’ health, lifestyle, and needs. Everyday Life compares quotes from multiple carriers so consumers can get the best coverage for the lowest price.
• Premiums start at $4.61 per month: Policies from Everyday Life start at just $4.61 per month and cost an average of just $15 per month.
• Policies are available without medical exams: Many applicants can complete their application without bloodwork or a physical exam.

Cons

• Policies offered through third-party companies: Everyday Life is an agent, so carriers ultimately make policy decisions.
• Customer service is limited: Everyday Life Does not handle claims—customers will need to contact their carrier if a policy is triggered.
• Not all customers can buy online: While many customers can bind coverage completely online, some are required to undergo medical exams to complete their purchases.

Who Is Everyday Life Best For?

Everyday Life is ideal for consumers who want expert help finding the right type of life insurance and coverage amount for their unique needs. All life insurance companies are different, and Everyday Life helps customers find the best carrier and policy for them—even consumers who have previously applied and been denied life insurance.

Everyday Life may be best for:

• Customers who want to maximize their coverage relative to their premiums
• Customers who want basic coverage for the minimum monthly cost
• Customers who have previously been denied coverage
• Customers who are on a fixed budget

Everyday Life works closely with the highest-rated life insurance companies to help customers find the best coverage amounts and policy types based on their income, health, lifestyle, and other factors. The platform is also ideal for customers who want to buy life insurance without undergoing extensive blood work or medical exams, or whose insurance needs have recently changed.

How to Get an Everyday Life Insurance Policy

Everyday Life specializes in matching consumers with the type of life insurance and coverage amount that are right for them. To start, visit Everyday Life’s website and check out their Ultimate Life Insurance Calculator. The calculator will assess your age, location, income, health, and lifestyle history and recommend a policy and coverage amount for you.

Once you decide on a type of life insurance and desired coverage amount, complete Everyday Life’s simple application. The online form gathers additional information about your family and finances.

When you complete your application, Everyday Life will forward that application to your chosen carrier and shepherd your application through the underwriting process. If additional documentation or medical exams are needed—as they may sometimes be—Everyday Life will communicate with you to gather documents or arrange testing.

After your application is approved, you’ll receive your final policy documents from your carrier of choice and begin paying premiums directly to your carrier. If you need to file a claim or adjust your policy, those items can be handled directly with your carrier.

If you later decide to purchase additional coverage or want to learn more about life insurance, different policy types, and how they work, you can always refer back to Everyday Life for resources or to search for additional policies.

Everyday Life vs. Bestow Life

Like Everyday Life, Bestow is a digital agency that connects consumers with life insurance policies that fit their needs. That said, Everyday Life offers policies for a wider range of customers (ages 18 to 85 compared to Bestow’s 18 to 60) and with higher coverage limits (up to $10 million compared to Bestow’s $1.5 million). Likewise, Everyday Life’s coverage terms are broader than Bestows—10 to 40 years and 10 to 30 years, respectively.

Notably, however, Bestow never requires medical exams, while they may be required for policies through Everyday Life with face values under $1 million. Both companies have an A+ rating from the BBB.

Methodology

When evaluating small business insurance carriers, we prioritize ensuring that our customers are partnered with top-rated providers. That's why we specifically seek carriers with high AM Best ratings or explore marketplaces that collaborate with such highly-rated carriers. We conduct thorough assessments of the key features offered by each provider and carefully analyze how costs are determined. The quote process holds significant importance in delivering a positive customer experience, which is why we actively engage with the process to evaluate the efficiency and effectiveness of the system.