Introducing new pricing from Haven Term
And by “new,” we mean “more affordable.” Check out our new rates, and what they might mean for you.
Haven Life is introducing new pricing for its medically underwritten term product, Haven Term, for eligible individuals, including those under the age of 45 and living in states other than California, Delaware, Florida, New York, North Dakota and South Dakota. And by “new pricing,” Haven Life means “more affordable pricing.” That’s right, the same great medically underwritten term life insurance offered by Haven Life is now more affordable for most applicants. (And it was already pretty darn affordable to begin with.)
Here, have a look:
Quotes for term life insurance
|Age||Gender||Term Length||Face amount||Premium|
And while we think that, in many ways, the phrase “Here’s the same great product for a lower price” speaks for itself, we understand you might have questions. And, well, answering your pressing questions is sort of what we do. Here are some queries you might have, along with our answers.
So the pricing is new. What else is changing?
We’re happy to say, almost nothing. Customers will enjoy world-class customer support, the ability to apply online without any pressure or upselling and the peace of mind that comes from having their life insurance issued by an insurer you can trust. Haven Term will now be issued by MassMutual CA, DE, FL, NY, ND and SD, and its subsidiary C.M. Life in all other states. Both companies are rated by A.M. Best Company as A++ (Superior; Top Category of 15).
As for that almost, well, we did change some other things for term life policies issued by C.M. Life. Those include:
Extended free-look period
New policyholders will now have up to 30 days to cancel their policy at no obligation or cost to them.
We’ve improved our already outstanding application experience to be even more simple and yes, even more beautifully designed. Applicants still receive an instant decision on their eligibility, and if a medical exam is needed, the customer may take it at a time and location that’s convenient.
New 25-year term length
To give customers more choices, Haven Term now includes a 25-year term length option for coverage, in addition to 10-, 15-, 20- and 30-year terms.
Convenient payment options (coming soon)
Policyholders can pay their Haven Term monthly premiums via credit card — feel free to rack up those reward points.
Waiver of premium now available (at an added cost)
In certain states, Haven Term customers will no longer have to pay monthly premiums if they become critically ill, seriously injured or disabled.
How does this compare to your competitors?
We’re so glad you asked. Here’s a chart that shows our pricing compared to industry averages:
Haven Term Pricing Advantage
|Age||Gender||Coverage||Haven Term||Industry Average||Change|
Much of the credit goes to the customers. We’ve been at this for six years now and in that time our customers have demonstrated that they are living healthier, more active lives, and that tells us we can continue to refine our pricing to match their lifestyles.
“Haven Life has been a leader in insurtech for six years now. During this time, we’ve streamlined our business while relentlessly focusing on making the life insurance experience as simple as possible,” said Yaron Ben-Zvi, Haven Life’s co-founder and CEO. “We’re proud to announce this change for Haven Term, since it will help make life insurance more modern, accessible and — most of all — affordable.”
We couldn’t say it any better ourselves. Find out what the new pricing might mean for you and your family, and how getting affordable term life insurance coverage is easier than ever, by getting a quote today.
About Louis Wilson
Louis Wilson is a freelance writer whose work has appeared in a wide array of publications, both online and in print. He often writes about travel, sports, popular culture, men’s fashion and grooming, and more. He lives in Austin, Texas, where he has developed an unbridled passion for breakfast tacos, with his wife and two children.Read more by Louis Wilson
Our editorial policy
MassMutual and its subsidiaries C.M. Life Insurance Company and MML Bay State Life Insurance Company are rated by A.M. Best Company as A++ (Superior; Top category of 15). The rating is as of June 15, 2021 and is subject to change. MassMutual has received other ratings from different rating agencies.
Our editorial policy
Haven Life is a customer centric life insurance agency that’s backed and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual). We believe navigating decisions about life insurance, your personal finances and overall wellness can be refreshingly simple.
Our content is created for educational purposes only. Haven Life does not endorse the companies, products, services or strategies discussed here, but we hope they can make your life a little less hard if they are a fit for your situation.
Haven Life is not authorized to give tax, legal or investment advice. This material is not intended to provide, and should not be relied on for tax, legal, or investment advice. Individuals are encouraged to seed advice from their own tax or legal counsel.
Haven Term is a Term Life Insurance Policy (DTC and ICC17DTC in certain states, including NC) issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001 and offered exclusively through Haven Life Insurance Agency, LLC. In NY, Haven Term is DTC-NY 1017. In CA, Haven Term is DTC-CA 042017. Haven Term Simplified is a Simplified Issue Term Life Insurance Policy (ICC19PCM-SI 0819 in certain states, including NC) issued by the C.M. Life Insurance Company, Enfield, CT 06082. Policy and rider form numbers and features may vary by state and may not be available in all states. Our Agency license number in California is OK71922 and in Arkansas 100139527.
MassMutual is rated by A.M. Best Company as A++ (Superior; Top category of 15). The rating is as of Aril 1, 2020 and is subject to change. MassMutual has received different ratings from other rating agencies.
Haven Life Plus (Plus) is the marketing name for the Plus rider, which is included as part of the Haven Term policy and offers access to additional services and benefits at no cost or at a discount. The rider is not available in every state and is subject to change at any time. Neither Haven Life nor MassMutual are responsible for the provision of the benefits and services made accessible under the Plus Rider, which are provided by third party vendors (partners). For more information about Haven Life Plus, please visit: https://havenlife.com/plus.html
What our customers are saying
May 26, 2022
Loved that I was able to complete application online, labs done at home and received results and offer in less than a week.
–Kelly Nisbethread more at
May 25, 2022
I am very happy with how easy it was to…
I am very happy with how easy it was to apply for Haven Life insurance online. My husband did also. He got his quote quickly and didn’t have to have an exam or bloodwork. I actually did have to have an exam. It was simple though. She even came to my home and asked questions and took my blood pressure etc. after about a week I got my results and an offer soon followed from Haven Life. It was just a bit more than the initial quote because of my health history. But it was the lowest quote that I received from similar companies. I am happy with the emails and when I called with questions, I got answers quickly and to my satisfaction. Thank you Haven Life for making me feel that you listened to my needs.
–Christine Hathawayread more at
May 18, 2022
From start to finish I had no problem…
From start to finish I had no problem navigating my way through the questions. Not sure if I will keep my current rate or lower it late but glad I have the option.
–lynesha robinsonread more at
May 17, 2022
Fast and easy
Fast and easy. Received my policy hassled free.
–Santi Khiosidaread more at
May 12, 2022
Put your mind at ease, hands down the easiest process and best in value compared to other companies.
–Denayread more at