All Frequently Asked Questions

How long does it take to get a decision on coverage?

Haven Life’s sophisticated technology analyzes various data including the health information provided in the application and additional external data you authorized us to collect to deliver a decision in minutes and let you know which process you qualify for. There are two main process options:

Option One: If you qualify for the InstantTerm process (currently offered to qualified, healthy life insurance applicants up to age 59 and up to $1,000,000 in coverage), you will not be required to take a medical exam and full coverage can begin immediately. Although no medical exam may be required, please keep in mind that issuance of the policy or payment of benefits may depend upon the answers given in the application and the truthfulness of those answers.

Option Two: Based on your answers to questions in the application, you may be required to take a medical exam in order to finalize a decision. The exam typically takes less than 20 minutes and can be conducted at your home or office. Once the labs have processed your results and the underwriters have done a final check, you will usually receive an offer. This can take up to 7-10 days following your medical exam.

If you are declined or rejected for a Haven Term policy, we will try to notify you immediately.