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Zander life insurance review August 2021

This broker serves up no-fuss term life policies as its specialty, but you’ll have to look elsewhere for permanent life options.

finder.com's rating: 4.5 / 5

★★★★★

  • Get a quote if… you’re looking for a cheap term life policy without riders.
  • Pick something else if.. you need permanent life insurance or have complex needs.

18 to 95

Issue Age

$50,000 to $10,000,000

Coverage

Yes, in most cases

Medical Exam Required

Details

Policies Term life
Coverage maximum $10,000,000
Term lengths 10 to 30 years
Medical exam required Yes, in most cases
Available states All 50 states
Issue age Up to age 95

Pros

  • Cheap rates
  • No-fuss application
  • Save time on insurance shopping
  • Renewable beyond the standard age

Cons

  • No permanent life options
  • Standard riders not available
Riders Child rider
Spouse rider

Review by


Sarah George is a writer at Finder who unravels complicated topics about insurance, business and finance. She's been wordsmithing for nearly five years, after earning an English education degree. Her insurance know-how has been featured on CarInsurance.com. You can usually find Sarah sipping hot tea and talking through movie plots in her downtime.

Expert review

The main benefits of buying life insurance through Zander are the money and time you can save on no-fuss policies. Zander helps you take care of this purchase quickly without making many decisions about the type of policy and riders you’re going to buy.

On the other hand, Zander doesn’t offer permanent policies that have an investment aspect. Some companies may let you convert your term to permanent insurance after your term expires.

It’s worth getting a quote through Zander if you’re curious about the price and option you might get matched with. But if you’re seeking a policy that accumulates cash value or you want more rider options, consider other life insurance companies first.

Zander life insurance rates

You can expect to pay anywhere from $50 to $150 per month for term life insurance. However, some options from Zander could cost even less. For example, when we quoted under a Preferred Plus health class — the highest level of health — and found premiums as low as $21 per month for a $400,000 policy.

Your exact premium will depend on the insurance company you work with through Zander, along with factors like your:

  • Age
  • Smoking habits
  • Health class: preferred plus, preferred, standard plus or standard
  • Occupational risks
  • Dangerous hobbies
  • Amount of coverage

What affects my rate with Zander

To qualify for the lowest premiums in the Preferred Plus health class, which is the highest health rating, you’ll need to meet these health criteria:

  • Maintain a healthy weight-to-height ratio according to your doctor
  • Blood pressure below 135/85
  • Cholesterol stays under 220
  • Neither parents diagnosed or died from heart disease before age 60
  • No tobacco use in the past five years
  • Cancer-free, with the exception of some types of skin cancer in your medical history
  • Have controlled blood pressure for at least one year and cholesterol for two years

To qualify for a Preferred health class, which will still give you affordable premiums, you ‘ll need to meet these criteria:

  • Blood pressure under 140/88
  • Cholesterol under 240
  • No tobacco use in the past three years
  • Neither parents diagnosed or died from heart disease before age 60
  • Blood pressure controlled for at least one year and cholesterol for two years
  • Cancer free, with the exception of some types of skin cancer in your medical history

How to get a quote from Zander life insurance

You can sign up for a life insurance policy online or by phone with these steps:

  1. Start your application under the Life section or call 800-356-4282.
  2. Fill in your personal details, health status, coverage level and term length. Click View Quote.
  3. See the policies available, ordered by the cheapest premiums. Click Choose plan next to your preferred company.
  4. Choose monthly or annual payments and click Next Step.
  5. Fill in missing details about your health, occupation, income and personal information and click Next.
  6. Once you’ve completed the entire application, click Send for approval.
  7. Get informed about the next steps from the insurance company. These may include an interview about your medical history and a medical exam.
  8. Finalize your payment details, make the first payment and start coverage.

The insurance company could take four to six weeks to complete the approval process, including the medical exam. If you’re switching companies, you might need to keep your other policy until you’ve received approval and made a payment on your new policy.

What types of life insurance coverage does Zander offer?

Zander is an insurance broker that focuses solely on term life insurance. It offers a wide variety of coverage levels and terms between 10 and 30 years. Older policyholders may convert their term policies to permanent life insurance, depending on the insurance company you’re matched with.

What riders can I add to my policy?

Zander’s approach to life insurance is straightforward and cuts down on the add-on options most insurers provide. However, some companies Zander works with might offer:

  • Child rider. Insure your child with a small amount of coverage for funeral expenses.
  • Spouse rider. Some companies offer the same or a reduced amount of coverage for spouses on the same policy, like 50% of your coverage amount.
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Zander life insurance reviews and complaints

Zander is accredited with the Better Business Bureau (BBB) with an A+ rating, it also has 15 customer complaints on the BBB site, as of October 2020. Complaints center around people receiving unwanted sales calls and billing issues, but Zander has responded to all complaints.

At Finder, we prefer to see more customer reviews before making a conclusion about Zander’s customer service. Keep in mind that customers may write more reviews for the insurance companies directly, since Zander is an insurance comparison site.

AM Best financial rating Not Rated
BBB accredited Yes
BBB rating A+
3.5/5 out of 18 customer reviews
Customer reviews verified as of 25 January 2021

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Frequently asked questions about Zander life insurance

Life insurance ratings

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Our experts analyze life insurance companies to help you to find the strongest possible policy and premium for your family’s needs. We assess their financial strength, customer satisfaction, policy features and riders. We then give each insurer a score between one and five stars that reflects their offering and reputation in the industry.

Learn more about our methodology.

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