Efinancial Life Insurance Reviews

Looking for a reliable life insurance provider can be daunting, especially when you want to ensure that your loved ones are adequately protected financially. That’s where Efinancial comes in – with their range of products and services designed to fit any budget and lifestyle.

In this review, we’ll take a closer look at what Efinancial has to offer, from their financial ratings to customer reviews. So sit back, relax, and let us guide you through the world of Efinancial Life Insurance!

Company Overview

Efinancial is a leading provider of life insurance, offering coverage to customers across the United States. The company was founded in 2001 with the goal of making life insurance more accessible and affordable for everyone.

Since then, Efinancial has grown to become one of the largest independent distributors of life insurance products in America. They work with some of the top-rated insurers in the country, ensuring that their clients have access to high-quality policies at competitive rates.

One thing that sets Efinancial apart from other providers is their commitment to transparency. They believe that every customer should be fully informed about their policy options and pricing before they make a decision. That’s why they offer detailed information on their website and personalized support from licensed agents who can answer any questions you may have.

Ultimately, Efinancial’s mission is simple: to help people protect what matters most – their loved ones – by providing them with reliable and affordable life insurance solutions.

Products and services

Efinancial is an insurance brokerage that specializes in offering term life insurance policies. They work with some of the leading life insurance providers to provide customers with a range of options at competitive prices.

One of the standout features of Efinancial’s service is its online application process, which allows customers to apply for coverage quickly and easily from anywhere, at any time. The company also offers instant quotes on its website, allowing potential policyholders to get an idea of how much their coverage will cost before applying.

In terms of products, Efinancial offers both level term and decreasing term life insurance policies. Level term policies provide a fixed payout amount over a set period (usually 10 or 20 years), while decreasing term policies have a payout that decreases over time as the policyholder ages.

Another unique aspect of Efinancial’s service is its OptionFinder tool. This feature helps customers determine which type of policy best suits their needs based on factors such as age, health status, and desired coverage amount.

Efinancial provides a streamlined and accessible way for individuals to secure affordable life insurance coverage without having to navigate complex processes or deal with pushy salespeople.

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Financial ratings

Efinancial Life Insurance has earned high financial ratings from industry experts, which is a testament to the company’s stability and reliability. These ratings are based on various factors such as the company’s financial strength, operating performance, and ability to meet its obligations.

One of the leading independent rating agencies in the industry is A.

M. Best Company, which gave Efinancial an “A-” (Excellent) rating. This means that Efinancial has a strong ability to meet its ongoing insurance policy obligations and can weather economic downturns.

Another highly respected agency is Standard & Poor’s (S&P). Efinancial was given an “A+” rating by S&P, indicating that it has a very strong capacity to meet its financial commitments.

These ratings demonstrate Efinancial Life Insurance’s solid reputation in the life insurance industry. It gives customers peace of mind knowing that they’re dealing with a financially stable company when purchasing their policies.

Having high financial ratings reassures customers who are considering buying life insurance from Efinancial Life Insurance and shows that the company values transparency and accountability.

Customer reviews

Customer reviews are an important aspect to consider when choosing a life insurance provider. Efinancial has received mixed reviews from its customers, with both positive and negative feedback.

Some customers have praised the company’s customer service, stating that representatives were helpful and knowledgeable in answering their questions. Others have expressed dissatisfaction with long wait times on the phone or slow response times via email.

In terms of claims processing, some customers reported a smooth experience while others encountered delays or difficulty in receiving payouts.

One area where Efinancial receives consistent praise is for its online platform, which allows users to easily compare policies and obtain quotes. Customers appreciate the convenience and transparency offered by this feature.

It’s clear that customer experiences with Efinancial can vary greatly depending on individual circumstances. It’s important to carefully research any potential provider before making a decision based solely on customer reviews.

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Pros and cons

Efinancial Life Insurance has its own set of advantages and disadvantages that potential customers should consider before making a decision.

One advantage is the company’s quick and easy online application process, which allows customers to get quotes and apply for coverage in just minutes. Additionally, Efinancial offers competitive rates from top-rated insurance carriers such as Prudential, MetLife, and AIG.

However, one disadvantage is that Efinancial does not offer whole life insurance policies. This may be a deal-breaker for those who are looking for lifelong coverage rather than term-based options.

Another possible downside is that the company does not have any physical locations or agents available for face-to-face interactions. While this may not be an issue for many people who prefer to handle everything online or over the phone, others may want more personalized attention when it comes to their life insurance needs.

Some customer reviews suggest that Efinancial’s customer service could use improvement in terms of response times and communication with policyholders.

While there are both pros and cons associated with choosing Efinancial Life Insurance as your provider, it ultimately depends on each individual’s unique needs and preferences.


After reviewing and analyzing Efinancial’s life insurance products, financial ratings, and customer reviews, it’s clear that they offer a wide variety of policies to meet different needs. Their partnership with multiple insurers allows customers to compare rates and find the best coverage for their budget.

Efinancial has received high financial ratings from industry experts like A.M. Best and offers competitive prices for their policies. Additionally, the company’s commitment to providing exceptional customer service is evident in many positive reviews from satisfied policyholders.

However, some potential downsides include limited policy customization options compared to other providers and potentially higher premiums for those with pre-existing medical conditions.

Efinancial is a reliable choice for those seeking affordable life insurance policies backed by reputable insurers. We recommend considering them as an option when shopping around for life insurance coverage.