Lemonade Life Insurance Reviews

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Edited by: Jon Bortin

About Lemonade Life Insurance

Lemonade's term life insurance offering has a quick application process that eliminates the need for medical exams and long wait times. It offers unlimited coverage for 10-, 15-, 20-, 25-, 30-, 35- and 40-year term life insurance policies. Policy prices are based on coverage amount, term, location, lifestyle and health factors and are locked for the entire length of the term. Lemonade’s life insurance product is available in every state except New York, and prices start at $8 per month.

Pros
  • Locked policy rates
  • 90% application approval
  • People between 20-75 can apply
Cons
  • Might require a medical exam
  • Not available in New York
  • Policy finalization requires phone call

Lemonade Life Insurance Reviews

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    Page 3 Reviews 40 - 240
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    Punctuality & SpeedEase of Use

    Reviewed June 10, 2021

    Very easy to use. Obviously signed up thinking I would never need to use this then a week later I was submitting a claim. Was very pleasantly surprised how easy it was to submit a claim in get paid. Awesome Company.

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    Sales & MarketingRates

    Reviewed June 10, 2021

    I purchased a $500K 10-year term life policy in about 20 minutes. Compared to buying a policy at a traditional insurer, it was a great experience with competitive rates. I didn't have to deal with anyone trying to sell me something that I don't need and was able to complete the transaction from the convenience of my home.

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    CoverageTechPrice

    Reviewed June 9, 2021

    I obtained a $500k 30 year term policy without an exam in a matter of minutes. My needs were time sensitive, and I had been denied immediate coverage or found costs prohibitive from three other companies that day alone. My policy is backed by a long standing and reputable provider that I trust. Thanks to Lemonade my family is protected in the worst of times. Thank you!

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    Rates

    Reviewed June 9, 2021

    Too good to be true. Fair rate, and simple sign up process. Highly recommend to folks that want a simple and technology oriented way to do business. I was impressed of how easy it was to sign up. This is the future.

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    CoveragePriceEase of UseRates

    Reviewed June 8, 2021

    Lemonade was easy to use, and gave a price for equal coverage that compared favorably with other companies that required a lot more paperwork. I would recommend Lemonade to others for Life Insurance. I have not tried their other products and have no experience with claims.

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    CoverageSales & MarketingPricePunctuality & SpeedOnline & AppStaffRatesTransparency

    Reviewed June 8, 2021

    They have the easiest app and process and the best prices. They make insurance a breeze, unlike all other brands. The service is excellent, and you can adjust your coverage any time in the app and get real time updates on the changes to the price. I can't find anyone in my area to beat their price/coverage. Don't wait. Just do it.

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    CoveragePriceRates

    Reviewed June 7, 2021

    Easy from start to finish and a fair price considering this. Seems like good coverage, with a term policy that goes a bit past 65. Super easy application process for sure, with no exam required. Worth signing up with Lemonade for sure!

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    CoveragePricePunctuality & Speed

    Reviewed June 4, 2021

    Quick and easy! I was just looking around for quotes but Lemonade was so easy I went full send. After buying term life insurance I even bought some stock also! If I can trust this company with my life insurance for the next 30 years then it seems like a solid invest in more ways than one!

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    Coverage

    Reviewed June 3, 2021

    The application process with Lemonade could not have been easier. I was insured within 15 minutes tops. I put in my information, answered some basic health questions and went about my busy day. It takes weeks and invasive medical exams with any other company. Would recommend this for anyone!

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    Lemonade Life Insurance Company Information

    Company Name:
    Lemonade Life
    Website:
    www.lemonade.com