Policygenius (2024)

FAQs

Is Policygenius a reputable company? ›

Customer Reviews

Policy Genius worked diligently to get me the life insurance policy within my budget. they worked as a team calling me answering my questions, followed up with the insurance company's underwriter. Guided me to reach my goal. They are very professional, knowledgeable, and courteous.

We're an independent insurance broker, which means that we're not owned by an insurance company, nor do we own one. Instead, we sell insurance policies from multiple insurers without bias or favor toward any of them.

Looking at $500,000 of coverage, a man in their 30s can expect to pay around $18 a month, whereas a woman would pay about $15 a month. This difference in monthly premiums increases drastically for 60-year-old applicants, where men can expect to pay around $137 a month versus $79 a month for women.

In 2023, Policygenius was acquired by Zinnia, an insurance technology and digital services company.

Policygenius does not engage in any sharing of personal information that you can limit. Questions? Call 1-855-695-2255 or email privacy@policygenius.com. Go to https://www.policygenius.com/about/privacy/.

Executive Life Insurance Company (1991) - One of the largest life insurance companies in the US, it went bankrupt due to investment losses in junk bonds.

Policygenius does some of the legwork for you by offering quotes from 14 insurers, but the provider pool is small and you'll have to wait 48 hours for your quotes to come through. If you want to explore even more options, compare home insurance providers.

We're an independent insurance broker, so we get paid a commission by insurance companies for each sale. Insurance commissions are already built into the price of an insurance policy, so you're not paying any extra for working with us to buy a policy.

Policygenius acts as an independent insurance broker and, as such, is paid a commission by insurance companies upon each sale.

Is there an age limit for life insurance? Most life insurance policies have an upper age limit for applications. Many insurers stop taking life insurance applications from shoppers who are over 75 or 80, while some have much lower age limits and a few have higher limits.

Is life insurance worth it after 70? ›

The bottom line. Life insurance is a smart idea for most seniors. That's especially the case if you have a spouse, lack plans to cover end-of-life costs or don't have a long-term care insurance policy.

Life insurance is no longer needed for many people once they reach their 60s or 70s. At this point they retire, their kids have grown up, and they've paid off their mortgage and other debts. However, others prefer to keep life insurance later in life to leave an inheritance and to pay off final expenses.

Instead, it's paid a commission by insurance companies for each sale it makes. The insurance commissions are built into the price of a policy, so you don't pay a higher premium when you get your policy through this broker.

Since 2014, we've helped over 30 million people shop for insurance and placed over $150 billion in coverage.

April 25 (Reuters) - Online insurance marketplace Policygenius has agreed to be acquired by fellow digital insurance platform Zinnia, to create a tech-focused platform covering the full insurance process, executives at the companies told Reuters.

Policygenius does some of the legwork for you by offering quotes from 14 insurers, but the provider pool is small and you'll have to wait 48 hours for your quotes to come through. If you want to explore even more options, compare home insurance providers.