Everyday Life Insurance offers a dynamic approach to life insurance, embracing technology to tailor policies to individual needs. They specialize in providing term life insurance options with flexible terms and coverage limits. Their unique Predictive Protection model allows for policy adjustments over time, ensuring that coverage remains aligned with life’s changes. This service is ideal for those seeking a modern, adaptable approach to life insurance, with the ease of online application and policy management.
Associated Fees
Everyday Life Insurance, as a broker, typically does not charge its own service fees for the life insurance policies it offers. Instead, any fees associated with the policies would be determined by the individual insurance carriers that Everyday Life partners with. These fees can include premiums for the insurance coverage and may vary depending on factors like the policy type, coverage amount, term length, and the policyholder’s age and health.
However, there are no indications of flat service fees or customizable service fees charged by Everyday Life itself. The pricing of the insurance policies is generally transparent, with the main cost being the insurance premium.
Life Insurance Policies and Pricing
Accidental Death Insurance:
- Coverage ranges from $50,000 to $350,000.
- Available for ages 18 through 60.
- No medical exam required.
- Renewable until age 80.
RAPIDecision® Life (Term Life Insurance):
- Terms of 10, 15, 20, 25, 30, 35, and 40 years.
- Coverage between $50,000 and $2 Million.
- Available for ages 18 to 65.
- No medical exam required.
- Option for medical underwriting within the first six months for potentially improved benefits.
RAPIDecision® Simplified Issue Final Expense Whole Life:
- Coverage from $5,000 to $35,000.
- Designed for ages 50 through 85.
- Guaranteed level premiums and face amounts.
- Cash value accumulation.
RAPIDecision® Guaranteed Issue Graded Benefit Whole Life:
- Coverage from $5,000 to $25,000.
- For ages 50 through 85.
- Guaranteed level premiums.
- Full coverage starting in year 4.
OPTerm (Term Life Insurance):
- Terms of 10, 15, 20, 25, 30, 35, and 40 years.
- Starting at $100,000 coverage with no cap.
- Available for ages 20 to 75.
- Renewable and convertible.
SBLI Term Life:
- Terms of 10, 15, and 20 years.
- Coverage from $25,000 to $1 Million.
- For ages 18 to 50 (up to age 55 for certain coverage amounts).
- No medical exam for policies under $750,000 (for ages 18-6
TruStage™ Term Life Insurance:
- Coverage ranges from $5,000 to $300,000.
- Available for ages 18 to 69.
- Renewable until age 80.
- Premium rates increase at certain age milestones.
TruStage™ Advantage Whole Life Insurance:
- Coverage from $5,000 to $100,000.
- For ages 18 through 85.
- Rate locked-in upfront.
- Permanent coverage.
TruStage™ Guaranteed Acceptance Whole Life Insurance:
- Coverage from $2,000 to $20,000.
- For ages 45 through 80.
- No health-based rejections.
Pricing and Customization
- Pricing is typically transparent and averages around $15 per month, but it can vary based on individual factors.
- The policies are customizable, and customers can choose coverage amounts and terms that suit their needs.
- The availability of add-ons and their costs depend on the specific policy and partner insurer.
Additional Considerations
- Policies are available nationwide.
- Contract lengths align with the term lengths of the policy or are lifelong for whole life policies.
- No home inspection is necessary to obtain a plan.
How to Get Life Insurance Through EveryDay Life
First step of applying for EveryDay Life Life Insurance is to open up their homepage and click on the “see your offers” link at the top right. You can also review the plans they offer on the “Our Plans” page.
See your offers
Get recommendation / Already know your choice
Term/ Permanent
- First step of applying for EveryDay Life Life Insurance is to open up their homepage and click on the “see your offers” link at the top right. You can also review the plans they offer on the “Our Plans” page.
- Next, you will be brought to a welcome page where you can either get their recommendation for a plan, or select what you already want.
- If you know what type of insurance coverage you want, the next page will let you select either Term coverage or Permanent / Whole coverage. At any time, you can either select for help, give their phone number a call, or try their AI-assisted bot for help.
- After selecting term or permanent/whole, you will be brought to a screen to input some basic information. You’ll have to provide a zip code, health information, income information, and legal information for their system.
- Once completed, you will be brought to one of their recommendation pages in terms of what they think will be best for you. You can also change coverage and pricing, save your plan and return anytime, or if you’re ready to buy you can apply right away.
How Do I Apply For A Policy?
There are three parts to the Everyday Life application process and each can be completed online. There’s less paperwork than a traditional insurance provider and a doctor’s visit is not required. In fact, you could receive an approval response in less than 15 minutes. Get started here >>>
1. Fill Out A Questionnaire
Everyday’s questionnaire doesn’t require your personal information. But it will ask about your family, dependents, salary, where you live, date of birth, along with other basic information. You should be able to fill out all the information and start comparing policy options in less than two minutes.
2. Review Suggested Plans
Different plans may be suggested based on any adjustments. All plans will be customized to your profile (you can also update your initial profile at any time). Amounts dependents receive and monthly rates will be displayed as well.
3. Choose And Adjust Your Plan
You’ll see the monthly rate change in real-time, depending on your adjustments. Once you’re satisfied with the adjustments, you’ll complete the application with one of Everyday’s underwriting partners (Legal & General and Fidelity Life).
During this phase, you can ask the underwriter any questions. In rare cases, a medical exam may be required. This final step should take less than 10 minutes. Start the Everyday Life application process here >>>