Everyday Life Insurance Review: Compare Life Insurance Easily
Joy Wallet is advertiser-supported: we may earn compensation from the products and offers mentioned in this article. However, any expressed opinions are our own and aren't influenced by compensation. To read our full disclosure, click here.
Life insurance offers a safety net for your loved ones in the event of your death. At its core, it is a contract between an individual (aka you) and an insurance company. In exchange for regular monthly premiums, the insurance company agrees to pay a specified death benefit to the policyholders’ dependents upon your death. This pay out can be used to cover a variety of expenses, including funeral costs, to clear outstanding debts and any other financial needs.
Everyday Life Insurance is one such provider known for its user-friendly approach and customizable policies designed to meet a wide range of individual needs. Our Everyday life insurance review will help you understand how it works.
In this article
What is Everyday Life Insurance?
Everyday Life Insurance is a no medical exam fully licensed insurance brokerage headquartered in Boston, Massachusetts, that's all about making life insurance simple and accessible for families across the U.S. Since 2018, they've been on a mission to cut through the red tape and offer straightforward coverage options. As an insurance marketplace, they’re not tied to any one insurance company. Instead, they’re dedicated to serving you, not the insurers.
They believe life insurance shouldn't be a luxury but a necessity for every family. Unfortunately, the industry is bogged down with outdated processes that leave many people confused about what coverage they need or what they've even bought. Everyday Life Insurance is looking to change that.
Life is full of surprises, and your insurance shouldn't be a maze to navigate. Everyday Life Insurance is developed technology centered on inclusivity, simplicity and compassion, making the process smoother and more accessible.
Here's the thing: there are thousands of life insurance products out there, and no single policy works for everyone. Each person has different needs, and each product has its own rules. This is where independent agents usually come in handy — they can find the best policy that matches your needs and qualifications. But let's face it, not every insurance agent has the best intentions. As a result, many people are left to figure it out on their own, wading through complicated jargon and countless policies online.
Everyday Life Insurance flips the rulebook. Their technology helps you evaluate your needs thoroughly and find solid coverage at a reasonable price without the hassle. They make the process painless and available 24/7.
Why isn't this the norm for all life insurance companies? Because it's complicated. Life insurance isn't one-size-fits-all. Everyday Life Insurance’s tech finds the right policy for you, making the process as easy as possible.
The company is backed by the financial strength of the Financial Health Network, a leading nonprofit organization. It boasts an excellent 4.4 rating on TrustPilot with 92% of the reviews giving the company 5 stars.
Up to $2 million in coverage
- Get covered in 5 minutes.
- 95% of customers approved.
- No Hassles. No Gimmicks. Easy Application.
- Non-Commissioned Agents.
- Ages 20+
- 100% Online Application.
- Fast Coverage.
How does Everday Life Insurance Work?
Finding the right policy is a breeze with the Everday Life Insurance’s Ultimate Life Insurance Calculator. In just 2-3 minutes, you answer some basic health and background questions and are given life insurance quotes. It’s quick and totally anonymous, so you can be honest without any pressure. The calculator uses your info to figure out your coverage needs and recommend the best policy for you, all based on solid financial planning.
You’ll get an instant, personalized life insurance recommendation without having to share your contact info. You can then check out the recommended policy, tweak the coverage and pricing as you like, and get answers to any questions from licensed experts. When you’re ready, you can move on to the online application.
Everyday Life Insurance offers more online life insurance products from more companies than any other brokerage, helping you find the best option. Each company has its own application process, so the time it takes to get covered depends on things like your age and where you live.
Once you get the green light (which usually happens in a few second), it's time to seal the deal and get your coverage up and running. Nearly all of their suggested policies get the thumbs-up, but on the rare occasion that one doesn’t make the cut, Everyday Life Insurance has your back. They'll hunt down a solid backup plan for you, and you can snag it right away.
Everyday Life Insurance features
Here are Everyday Life Insurance’s top features:
- Working for you. As independent brokers, Everyday Life Insurance isn't tied down to any one insurance company. That means they can shop around and find the perfect plan just for you.
- Plans for every budget. Whether you're pinching pennies or have a bit more wiggle room, Everyday Life Insurance has a plan for you. Starting as low as $4.00 a month and averaging just $15 a month, they've got options to fit every wallet.
- Convenience. Applying is a breeze with Everyday Life Insurance. No need to stress about medical exams, and you can even pick your payment date. Talk about easy peasy!
- Money-back guarantee. Worried you won't love your plan? No sweat. Everyday Life Insurance has your back with a 30-day risk-free guarantee. If it's not a match, they'll sort you out with a refund — no questions asked!
- Personalized policies. No one-size-fits-all here! Everyday Life Insurance crafts recommendations based on your unique situation. And the best part? You can tweak it to fit your needs and budget even better.
- Coverage designed around your needs. At Everyday Life Insurance, it’s all about finding the coverage that suits your family best. They'll recommend plans made specifically to keep your loved ones financially secure if anything unexpected happens.
Up to $2 million in coverage
- Get covered in 5 minutes.
- 95% of customers approved.
- No Hassles. No Gimmicks. Easy Application.
- Non-Commissioned Agents.
- Ages 20+
- 100% Online Application.
- Fast Coverage.
What products does Everyday Life Insurance offer?
Everyday Life keeps things simple with their life insurance options. They've got what you need without any frills. Let's break it down:
Term life insurance
It's the basic stuff. Term life insurance pays out if something happens to you within a set period, like 5, 10, or 30 years. Everyday Life offers term lengths from 10 to 40 years, with death benefits ranging from $100,000 to $25 million.
Sure, Everyday Life may not have all the fancy life insurance plans or different types of insurance like some others, but it more than makes up for that with its affordability and no-frills approach.
How much does Everyday Life Insurance Cost?
Here's the scoop: Everyday Life Insurance is totally free to use. Yeah, you heard that right — zip, zilch, nada!
They're like your personal insurance matchmaker, helping you find the perfect coverage without costing you a dime. It's all because they're an insurance comparison service. You can explore different options, compare prices and snag the best deal — all without reaching for your wallet.
Who is Everyday Life Insurance good for?
Everyday Life Insurance is suitable for anyone looking for straightforward, user-friendly life insurance coverage. It's perfect for:
- Families seeking financial security. If you want to ensure your loved ones are taken care of financially in case something happens to you, Everyday Life Insurance has your back.
- Individuals wanting customizable policies. With personalized recommendations and the ability to tweak coverage to fit your unique needs and budget, it's great for those who want tailored coverage.
- Busy people. The quick and easy application process, along with the convenience of applying online, makes it ideal for individuals with hectic schedules.
- Budget-conscious individuals. With plans starting as low as $4.00 a month and averaging just $15 a month, Everyday Life Insurance offers affordable options for every wallet size.
- Those seeking peace of mind. With a 30-day risk-free guarantee, you can try out a policy without any worries. If it's not the right fit, they'll sort you out with a refund.
Who shouldn't use Everyday Life Insurance?
Everyday Life Insurance might not be the best fit for:
- Those seeking complex coverage. If you have highly specialized insurance needs or require intricate coverage options, you may find the simplicity of Everyday Life Insurance limiting.
- Individuals preferring face-to-face interaction. While Everyday Life Insurance offers convenient online services, if you prefer in-person consultations or personalized interactions, you may want to explore other options.
- People with very high coverage needs. If you require exceptionally high coverage amounts beyond what Everyday Life Insurance offers, you might need to consider alternative providers specializing in large policies.
Up to $2 million in coverage
- Get covered in 5 minutes.
- 95% of customers approved.
- No Hassles. No Gimmicks. Easy Application.
- Non-Commissioned Agents.
- Ages 20+
- 100% Online Application.
- Fast Coverage.
Pros and cons
Pros
- User-friendly platform. Everyday Life Insurance offers a user-friendly online platform that simplifies the process of comparing and purchasing life insurance policies.
- Customizable coverage. With a wide range of coverage options and policy features, Everyday Life Insurance allows customers to tailor their coverage to meet their specific needs and preferences.
- No-cost service. As an insurance comparison service, Everyday Life Insurance is free to use, making it accessible to individuals and families seeking affordable coverage options.
- Efficient application process. Everyday Life Insurance prioritizes efficiency, offering quick and hassle-free application processes that allow users to secure coverage promptly.
Cons
- Limited policy options. While Everyday Life Insurance offers a variety of coverage options, some customers may find that their policy offerings are not as extensive as those of other insurance providers.
- No in-person assistance. As an online-based service, Everyday Life Insurance may not provide in-person assistance or guidance for customers who prefer face-to-face interactions.
- May not meet complex needs. Customers with complex insurance needs or specialized requirements may find that Everyday Life Insurance does not offer the level of customization or expertise they require.
Everyday Life Insurance vs Fidelity Life
Everyday Life Insurance and Fidelity Life offer life insurance coverage with distinct focuses and target demographics. Everyday Life Insurance caters to families across the U.S., offering customizable policies to meet individual needs. Their approach aims to simplify the insurance process, making it accessible and user-friendly through innovative technology and personalized recommendations. Unlike Fidelity Life, Everyday Life Insurance operates as an insurance comparison service, making it free for users to use their platform without charging fees.
On the other hand, Fidelity Life primarily targets individuals aged 50 and older, offering options such as whole life insurance and final expense insurance. Their focus is on providing fast underwriting processes and policies without medical exams, making it easier for older individuals to obtain coverage. Fidelity Life offers term life insurance, whole life insurance, final expense insurance, and accidental death benefit policies, catering specifically to the needs of seniors.
Everyday Life Insurance appeals to a broader demographic, including families and individuals of all ages, with its user-friendly online platform and customizable coverage options. In contrast, Fidelity Life targets older individuals seeking simplified insurance options without medical exams. While Everyday Life Insurance is free to use and offers customizable coverage options, Fidelity Life may have higher life insurance rates and lower coverage amounts, particularly for older individuals.
FAQs
Is Everyday Life Insurance really free to use?
Yes, Everyday Life Insurance operates as an insurance comparison service, and there are no fees associated with using their platform. Users can explore different coverage options, compare prices, and make informed decisions without any cost.
What if I'm not satisfied with my coverage from Everyday Life Insurance?
Everyday Life Insurance offers a satisfaction guarantee, allowing users to try out their coverage risk-free. If you're not satisfied with your policy within a certain period, you may be eligible for a refund of your premiums.
Is Everyday Life Insurance available nationwide?
Yes, Everyday Life Insurance serves customers across the United States, making it a convenient option for individuals and families nationwide. Whether you're located on the East Coast, West Coast, or anywhere in between, you can access their services online.
How much does life insurance from Everyday Life Insurance cost?
The cost of life insurance from Everyday Life Insurance varies depending on factors such as age, health status, coverage amount, and types of life insurance. However, Everyday Life Insurance strives to offer competitive rates and affordable options to meet the needs and budgets of their customers.
Up to $2 million in coverage
- Get covered in 5 minutes.
- 95% of customers approved.
- No Hassles. No Gimmicks. Easy Application.
- Non-Commissioned Agents.
- Ages 20+
- 100% Online Application.
- Fast Coverage.
The bottom line
Everyday Life Insurance stands out as a user-friendly and accessible option for individuals and families seeking customizable coverage options. By leveraging innovative technology and a customer-first approach, Everyday Life Insurance simplifies the insurance process, making it easy for users to find the coverage that best suits their needs and budget.
With a commitment to inclusivity, simplicity, and compassion, Everyday Life Insurance provides peace of mind to its customers, ensuring that they can protect their loved ones without the hassle.
Joy Wallet is an independent publisher and comparison service, not an investment advisor, financial advisor, loan broker, insurance producer, or insurance broker. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. They are not intended to provide investment advice. Joy Wallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. We encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Featured estimates are based on past market performance, and past performance is not a guarantee of future performance.
Our site doesn’t feature every company or financial product available on the market. We are compensated by our partners, which may influence which products we review and write about (and where those products appear on our site), but it in no way affects our recommendations or advice. Our editorials are grounded on independent research. Our partners cannot pay us to guarantee favorable reviews of their products or services.
We value your privacy. We work with trusted partners to provide relevant advertising based on information about your use of Joy Wallet’s and third-party websites and applications. This includes, but is not limited to, sharing information about your web browsing activities with Meta (Facebook) and Google. All of the web browsing information that is shared is anonymized. To learn more, click on our Privacy Policy link.
Images appearing across JoyWallet are courtesy of shutterstock.com.
Writer
Jasir Jawaid is Joy Wallet's Assistant Editor. He has more than 13 years of experience as a journalist covering Wall Street, equities, financial policy and regulation, and cryptocurrency and blockchain.
Share this article
