Haven Life has been known for providing Americans with straightforward and cost-effective insurance options. Yet, like many in the direct-to-consumer life insurance sector, it has encountered obstacles such as limited customer adoption and the high expenses of acquiring new customers. These challenges, along with a strategic pivot to concentrate on more aligned and valuable initiatives for their policyholders, have prompted MassMutual to wind down operations.

MassMutual To Shut Down Haven Life By Year-End

Haven Life, backed by Mass Mutual Life Insurance Company, has very completive term life insurance prices and should be included as an option worth exploring if you are in the market for term life insurance.  However, Haven Life is not an option if you are age 65 or older, are in the market for permanent life insurance, or looking for more that $3 million of coverage.

Haven Life Insurance – Pricing – Sample Quotes

US Life Insurance Market - Top Performers 2022 - Outlook for 2023 - COVID-19 Impact - Mortality - Life Insurance Claims

US Life Insurance Market – Top Performers 2022 – Outlook for 2023