Haven Simple: Simplified Life Insurance for the Modern Age
- Simplified issue term life insurance
- No medical exam required for application
- Digital application process
- Coverage amounts from $25,000 to $1,000,000
- Available to residents aged between 20 and 55
- Tax-free lump sum payout
- Backed by C.M. Life Insurance Company, a subsidiary of MassMutual
In the fast-paced world of today, simplicity is the ultimate sophistication. This is the philosophy that underpins the Haven Simple policy. Haven Simple, offered by Suriance in partnership with Haven Life, is a simplified issue term life insurance policy designed to make life insurance accessible, straightforward, and hassle-free.
The Haven Simple Advantage
Haven Simple is issued by C.M. Life Insurance Company, a subsidiary of MassMutual, one of the country's oldest and most respected insurers. This association ensures that your policy is backed by an industry leader with a stellar A++ A.M. Best rating for financial strength and claims-paying ability.
One of the standout features of Haven Simple is its digital application process. In an era where digital convenience is king, the ability to apply for life insurance online without the need for a medical exam is a significant advantage. This feature makes Haven Simple an excellent choice for those who value speed and convenience.
Haven Simple is available to residents aged between 20 and 55, with coverage amounts ranging from $25,000 to $1,000,000. The policy terms are flexible, with options of 5, 10, 15, and 20 years. The payout is a tax-free lump sum, providing financial security for your loved ones in the event of your untimely demise.
| Key Feature | Description |
|---|---|
| Product Type | Simplified issue term life insurance |
| Issued By | C.M. Life Insurance Company (a subsidiary of MassMutual) |
| Application | Digital |
| Medical Exam | No |
| Availability | Not available to residents of DE, SD, ND or NY |
| Age Eligibility | 20 - 55 |
| Coverage Amounts | From $25,000 to $1,000,000 |
| Available Terms | 5, 10, 15 and 20 years |
| Payout | Tax-free lump sum |
| Additional Features | Level Premiums, Accelerated death Benefit, Paperless Processing, No obligation Free-look period, Credit card payments accepted |
Comparing Haven Simple to Other Policies
Compared to Haven Term and Haven Secure, Haven Simple stands out for its simplicity and convenience. Unlike Haven Term, which may require a medical exam, Haven Simple offers a no-exam application process. This feature makes it an excellent choice for those who want to avoid the hassle and potential delays associated with medical exams.
On the other hand, Haven Secure offers a unique income replacement decreasing term, which provides a steady monthly payout to your loved ones for up to 30 years. While this is a great feature, it may not be necessary for everyone. If you're looking for a straightforward, lump-sum payout, Haven Simple is the way to go.
In conclusion, Haven Simple is a robust, reliable, and straightforward life insurance policy that offers peace of mind without the complications. It's the perfect choice for those who value simplicity, convenience, and the assurance of a dependable coverage backed by an industry leader.