Sproutt Life Insurance: Legit Or A Scam?

Sproutt is a legitimate insurance broker with an A+ rating from the Better Business Bureau and thousands of customer reviews online. The company was founded in 2018 and offers a range of life insurance products, including term, whole, universal, and no-exam insurance. Sproutt uses data and artificial intelligence to connect customers with insurance options from various providers, with a simple online application process and no medical exam required. While Sproutt has generally positive reviews, some customers have reported issues with the company, including delays in getting coverage and unexpected medical exams.

Sproutt's pros and cons

Sproutt Life Insurance Pros and Cons

Pros

• Sproutt is a legitimate insurance broker with thousands of clients and positive customer reviews online.
• It offers a simplified online application process that is easy to understand and complete.
• Sproutt works with multiple insurance providers, giving customers more options than a traditional insurance company.
• It offers a wide variety of life insurance carriers, with different features and pricing options, increasing the likelihood of approval.
• Sproutt provides no-exam policies, which are particularly beneficial for young and healthy individuals, and can result in faster approval.
• Sproutt has a good reputation on Trustpilot, with positive feedback about the ease of the process and quality of communication with the support team.

Cons

• Sproutt may not be the most affordable option, with monthly premiums potentially being higher than other providers.
• Sproutt may reject applicants who are deemed unhealthy based on their medical history and current health status.
• Sproutt is not available in every state, and its life insurance coverage is only available for those under 60 years of age.
• While Sproutt advertises no-exam policies, some customers have reported being switched to different insurance companies that required health exams.
• There is limited feedback on the Better Business Bureau (BBB) website, with only one review available, which is negative.

Sproutt's customer service

Sproutt's customer support also extends to the process of buying insurance coverage. Advisors are available to walk customers through the process and help them explore coverage options. The application process is designed to be straightforward and easy to complete, with customers reporting that they were able to find the information they needed on the website.

However, there are some negative reviews that mention difficulties with Sproutt's customer service. One review mentioned a lack of communication and follow-up from their case manager and sales agent. Another review highlighted the challenge of accessing policy information.

Overall, while most customers seem satisfied with Sproutt's customer service, there are a few instances where improvements could be made to ensure consistent and effective support.

Sproutt's partners

Sproutt is a legitimate insurance broker with thousands of clients and reviews online. It was founded in 2018 and has an A+ rating through the Better Business Bureau, although it is not BBB-accredited.

Sproutt is an online, independent life insurance broker that offers a simple and tech-oriented approach to choosing and purchasing life insurance. It is based in New York City and has offices in Kansas City, Missouri, Hartford, Connecticut, and Tel Aviv, Israel.

Sproutt was founded by Nicole Schmidt and Aascot Bohlander in the spring of 2020 amid the global pandemic. These women met while working at the same public involvement firm, where they collaborated with local and state governments to engage stakeholders through strategic and visual communications. Although they are from two different generations, they shared a passion for creating fun and engaging information. Recognizing the vast and sometimes intimidating nature of the digital marketing landscape, they set out to harness its power to do good.

Sproutt is a Washington-based, woman-owned consultancy built upon decades of hands-on experience with both government and private businesses. The company is committed to providing accessible marketing and communications solutions for small businesses and governmental organizations in the Northwest.

Sproutt aims to help businesses and community organizations thrive through accessible design, branding, marketing, and strategic communications. By earning corporate and government work at market rate, they can offer their expertise to historically disadvantaged small businesses and nonprofits in the Northwest at cost. Through this business model, partnering with Sproutt is not only an investment in a women-owned business but also in the larger Northwest business community.

Sproutt's cost

Sproutt is an online life insurance broker that offers a simple and tech-oriented approach to choosing and purchasing life insurance policies. The company uses data and artificial intelligence to assess customers' needs and match them with suitable life insurers. The cost of Sproutt's life insurance coverage varies depending on factors such as age, health, lifestyle habits, and income.

Sproutt offers three types of insurance plans: traditional life insurance (including term, whole, universal, and variable universal life insurance), no-exam insurance, and guaranteed life insurance. The benefits for traditional life insurance plans range from $50,000 to $5 million, and these plans typically require a medical exam for approval. No-exam insurance plans are available for those who cannot visit a doctor or need insurance quickly, and the entire process can be completed online. Guaranteed life insurance is designed for individuals with severe medical conditions who want to ensure their expenses are covered, and it does not require a medical exam or financial questionnaire.

Sproutt's application process involves answering a series of questions about the applicant's lifestyle, including age, health, income, credit score, and activity level. This information is used to generate a Quality of Life Index (QL Index), which helps determine pricing. The final step is to select a plan and price that suits the applicant's lifestyle and budget.

Sproutt's monthly premiums start at $29 for $500,000 in coverage and $49 for $1,000,000 in coverage for a healthy individual in their twenties. However, these numbers can vary depending on the applicant's age, health, and lifestyle habits. For example, a 27-year-old healthy female may pay $20 per month for a 20-year term policy with a $500,000 benefit, while a 57-year-old male with a history of smoking and average health may pay $342 per month for a 10-year term policy with the same coverage.

Overall, while Sproutt offers a convenient and tech-driven approach to purchasing life insurance, the cost of coverage may be higher compared to other providers. It is important for individuals to consider their budget and explore different options to find the most suitable and affordable coverage for their needs.

Sproutt's customer reviews

Sproutt has received generally positive reviews from its customers. On Trustpilot, the company has a rating of 4.8 out of 5 stars based on more than 400 reviews. Customers have praised the ease of the application process, the quality of communication with the support team, and the helpfulness of the customer service representatives. One customer review on Trustpilot mentions that Sproutt's customer service representative, Terri Murray, went above and beyond to ensure that their documents were correctly filled out and submitted. Another review highlights the company's ability to provide insurance coverage even for individuals with special medical circumstances, such as PTSD.

However, there are also some negative reviews of Sproutt on Trustpilot. One customer mentions that they experienced a lack of communication and delays in obtaining their insurance policy. Another customer mentions that despite being advertised as a "no-exam" policy, they were still required to undergo a medical examination.

Additionally, on ConsumerAffairs, Sproutt has received mixed reviews. While some customers have praised the company for its easy application process and affordable rates, others have mentioned that they did not find Sproutt's policies to be cost-effective. One customer review states that they ended up switching to another insurance provider as they found a similar policy at a lower price.

Overall, Sproutt appears to have mostly positive reviews, with customers highlighting the convenience and simplicity of the application process, as well as the helpfulness of the customer support team. However, there are also a few negative reviews mentioning delays, miscommunication, and higher-than-expected costs.

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