Sproutt is an online life insurance broker founded in 2018. The company works with dozens of insurance companies to offer term life policies with coverage up to 40 years and $3 million. Sproutt is best suited for young, healthy individuals, and it uses a proprietary quality-of-life algorithm to assess your eligibility for coverage. The quote and application process is entirely online, but you can get help anytime by phone.
Sproutt is suitable for young and healthy individuals who want to find the best term life insurance policy for them. The platform uses a unique quality-of-life index to determine if you qualify for coverage and to match you with one of dozens of life insurance providers. You have the option to customize your policy’s term and coverage, and you can easily compare offers from different providers.
Sproutt is also suitable for individuals who want to get life insurance immediately, without a medical exam. The platform offers policies with and without medical exam requirements.
Notably, individuals with unhealthy lifestyles (based on Sproutt’s quality-of-life index questionnaire) or who engage in high-risk activities may not qualify for policies offered through Sproutt. The company also offers a relatively small selection of policies for people over 50.
Sproutt is a life insurance broker, meaning that it doesn’t offer any policies directly. Rather, policies are issued by major life insurers.
You will only find term life insurance policies through Sproutt, although some of the insurers that the company works with also offer whole life or permanent life insurance policies. The policies that Sproutt offers come with terms from 5 to 40 years and coverage of $50,000 to $3 million. You can customize your policy term in 5-year increments and your coverage in $50,000 increments up to $750,000 and $250,000 increments beyond that.
Anyone can request a free quote on Sproutt. The company doesn’t specify an age limit to its coverage, but we found relatively few policy options for applicants over 50. In addition, Sproutt may deny coverage to people who the company deems to have unhealthy lifestyles based on your quality-of-life index score.
Here’s how requesting a quote and applying for a policy works at Sproutt:
Sproutt’s online application is extremely well-designed and user-friendly. The questionnaire is designed much like a chat conversation. The questions can be quite detailed, down to what you eat for breakfast. It takes around 5 minutes to complete the questionnaire and get a quote. If you need help, you can call Sproutt and speak to an agent.
Sproutt has a 4.8-star rating on Trustpilot and an A+ rating with the Better Business Bureau. Policies available through Sproutt are issued by major life insurance companies, and Sproutt shows you each company’s financial stability rating from A.M. Best when you’re comparing policies. Guarantees and cancellation options for your policy vary by provider.
Sproutt offers customer support by phone and email from 9AM-7PM, Monday-Friday. You can speak with an agent to get help with the online application or to purchase a policy.
As a broker, Sproutt does not handle life insurance claims. You must work with your policy provider to submit a claim.
Sproutt is an online life insurance broker that makes it easy to find the right term life insurance policy for your needs. The company offers free quotes online using a proprietary quality-of-life index, which is geared toward young and healthy individuals. You can choose a policy with or without a medical exam requirement and customize your coverage up to 40 years and $3 million. You can apply for a third-party policy directly through Sproutt. If you need help, phone and email support are available 5 days a week.
Sproutt, 205 Hudson Street 7th floor, New York, NY 10013
We try to keep the services up, bug-free, and safe, but you use it at your own risk. We are providing the services as is without any express or implied warranties including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not guarantee that the services will always be safe, secure or error-free or that Sproutt will always function without disruptions, delays or imperfections. Sproutt is not responsible for the actions, information, or data of third parties, and you release us, our directors, officers, employees, owners, parent companies, subsidiaries, affiliates and agents from any claims and damages, known and unknown, arising out of or in any way connected with any claim you have against any such third parties. We will not be liable to you for any lost profits or other consequential, special, indirect, or incidental damages arising out of or in connection with this agreement, even if we have been advised of the possibility of such damages. Our aggregate liability arising out of this agreement will not exceed the greater of one hundred dollars ($100) or the amount you have paid us in the past twelve months. Applicable law may not allow the limitation or exclusion of liability or incidental or consequential damages, so the above limitation or exclusion may not apply to you. In such cases, Sproutt’s liability will be limited to the fullest extent permitted by applicable law.