Haven Life Insurance Agency Overview

Table of Contents

Policy Details

Policy Riders

Fine Print

Spend less time shopping

No matter where you buy your policy, you'll pay the same rates. Pricing for life insurance is regulated by government. Don't waste time talking with multiple agents, use our free online comparison shopping tool to get your quotes.

Our focus is on you

As a life insurance broker, our focus is on finding you the best policy for your needs. Quotacy's agents work on salary, not commission—so, we're at your service.

We're experienced

We've been in the life insurance industry since 1990, and have helped our customers protect their families with over $37 billion in coverage. That's a lot of happy customers.

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Haven Life was established in 2015, and is owned by Massachusetts Mutual Life Insurance Company (MassMutual), a life insurance company with 160 years of industry experience. The ratings listed are for MassMutual as Haven Life has not been independently rated as of March 2018.

A.M. Best is an independent rating agency that ranks the financial strength of life insurance companies. Their best rating is an A++. Their worst is a D.

Better Business Bureau (BBB) is a non-profit that shares customer service feedback on businesses in the USA. BBB assigns ratings from A+ (highest) to F (lowest).

J.D. Power and Associates analyzes customers’ experiences with life insurance companies and ranks them on a scale from 1 to 1000.

Moody’s Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody’s rating scale ranges from Aaa to C with 1, 2, and 3 to indicate whether the ranking is on the higher or lower end of that category.

Standard and Poor’s (S&P) is the world’s leading provider of credit ratings and creditworthiness. S&P’s scale ranges from AAA to D with + or – to define standing within each category.

In 2017, Haven Life won Fintech’s Breakthrough Award for
Best Insurtech Solution.

In 2020, Haven Life recognized as Best InsurTech during Benzinga’s Sixth Annual Global Fintech Awards.

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Sample monthly premium quotes for a $500,000, 20-year term policy for healthy, non-smoking individuals living in Minnesota. Pricing varies by gender. Women pay less for life insurance than men because they live longer on average.

Your life insurance pricing may be different and is determined by your individual risk factors and the state where you have your primary residence. Pricing as of September 2022.

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Haven Life Features & Benefits

What’s missing

• Cannot be bought to replace an existing policy.
• Cannot be bought by those on active military duty.
• Cannot be bought to insure a business.
• Cannot be converted into a permanent policy.
• Does not offer a Child Rider.
• Credit card payments are not accepted.

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*10-year term available for ages 18-65; 15-year term available for ages 18-65; 20-year term available for ages 18-65; 30-year term available for ages 18-50.

**State of issue, payment mode, and draft date can affect the grace period end date. Your policy will state specifics.

» Compare: Term life insurance quotes

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Premium Waiver for Disability

*Available at additional cost

Haven Life will waive premium payments during a period of total disability lasting six consecutive months or more. The waived payments don’t have to be paid back. This rider is not available on all policies and the cost varies by age.

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Accelerated Underwriting

Haven Life offers an InstantTerm product that can provide immediate coverage for qualified applicants up to age 45. Technology is used to analyze your application to determine your eligibility. If underwriting determines that a medical exam is necessary, the lab test results may cause your policy price to increase or your application to be declined.

Haven Life Plus

• Haven Life Plus is a rider and not available in Florida, New York, North Dakota, South Dakota and Washington.
• Trust & Will is not currently available to residents of Washington, Missouri, or North Carolina.
• LifeSite cannot see and does not share any of your personal information, or any of the documents you store, with Haven Life or MassMutual.
• MinuteClinic discount cannot be used for items or services purchased with health or other insurance.

Haven Life Plus (Plus) is the marketing name for the Plus Rider which is included as part of the Haven Term policy. 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).

Haven Term Product Disclosure

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. Policy and rider form numbers and features may vary by state and may not be available in all states. In NY, Haven Term is DTC-NY. In CA, Haven Term is DTC-CA. Our Agency license number in California is 71922 and in Arkansas, 100139527.

InstantTerm Disclosure

Not all applicants will qualify for this ‘InstantTerm’ approval process and that Issuing the policy or paying its benefits depends on the applicant’s insurability, based on their answers to the health questions in the application, and their truthfulness.

A.M. Best Disclosure

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 December 9. 2020 and is subject to change. MassMutual has received different ratings from other rating agencies.

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