The world has changed over the past few weeks! If you don’t have a term life insurance policy, waiting may not be an option. The good news is, you can get a life insurance policy in 15 minutes.

The truth is, many Americans don’t have life insurance. But even with the current events of the day, many American’s are getting “instant-term” life insurance policies, in as little as 15 minutes.

We’re going to share the three best companies that offer instant-term life insurance with no medical exam, immediate coverage upon approval, for as little as $3.00 a month:

1. Get A Term Life Policy For Just $3/Month Today

Bestow sells instant term life insurance policies online, so there no appointments or delays. Yes, you could have full coverage in 15 minutes. Plus, you don’t have to take a medical exam.

Answer a few questions on Bestow’s mobile-enabled website, and the company uses data and algorithms to make decisions and set prices. Bestow offers term life insurance with terms of 2, 10, and 20 years. The two-year policy caters to people with a short-term need for coverage or those who want to get coverage in place while evaluating their needs.

North American Company for Life and Health Insurance® issues the policies sold by Bestow. North American Company for Life and Health Insurance® carries an A+ rating from A.M. Best.

Policies sold by Bestow are meant to be affordable and straightforward. 2-year term policies start at only $3/month. You can apply for coverage starting at $50,000 and going all the way up to $1,000,000.

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2. Use This Policy To Manage Your Debts

If you’re like millions of American’s, you have debt. Whether it’s your mortgage, credit cards, or student loans, you have debt!

Many people use term life insurance as a long term debt strategy. Ladder Insurance offers instant term life insurance, so there’s no need to meet with an agent!

You can apply for Ladder’s life insurance coverage online and manage all aspects of your policy through its web portal. Just complete their simple web application, and in 5 minutes, you could have an approval decision. Ladder offers plans at affordable rates.

Ladder is the ultimate debt management strategy. The company allows you to increase or decrease your policy size instantly online, as opposed to having to cancel and reapply for a new policy. This process is called “Laderring.” The more debt you take on throughout your life, the more insurance you can request.

You can even decrease the amount of your policy as you pay down your debt. Ladder is backed by Fidelity Security Life Insurance Company and Hannover Life Reassurance Company, both of which have A+ ratings from A.M Best.

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3. Try This If You’ve Had Health Issues In The Past

Haven Life also offers Instant-Term life insurance. No medical exams and no waiting. Haven is available for up to $1 million in coverage to people ages 18 to 59 who qualify. Coverage amounts to $3 million, and coverage for those ages 60 to 64 is available, but not instantly.

If you don’t qualify for Haven Life’s no medical exam process, you may still be able to lock in $1 million in temporary coverage while your application is being processed. This is a big perk, especially with today’s current events! When a medical exam is needed or if an applicant has a more complicated medical history, the approval process is usually shorter than the traditional underwriting process. In these cases, Haven Life may be able to complete a decision in as little as two weeks, using technology to facilitate smoother human reviews.

MassMutual Life Insurance Company backs Haven Life. MassMutual was given an A++ rating from A.M Best. The highest score a life insurance company can receive.

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