Sproutt is an online marketplace for life insurance that was established in 2018 and has its headquarters in Hartford, Connecticut.
Although the company does not write its own policies, it does utilize data analysis and artificial intelligence to evaluate the requirements of its customers and then pair them with reputable life insurance providers.
Users from all over the country can purchase life insurance policies through Sproutt. Traditional life insurance, also known as term or whole life insurance, can be purchased alongside no-exam life insurance and guaranteed life insurance through this company. Customers can access personalized rates and terms by filling out a straightforward online application that presents them with questions that are not difficult to comprehend.
Knowing that, how well do customers like Sproutt’s services and offers? Here in this article, we will tell you if Sproutt Life Insurance is reputable.
Is Sproutt Life Insurance Legit?
The short answer to that is yes, Sproutt Life Insurance does seem legit. It has many positive reviews both from reviewers and customers alike.
Since Sproutt is still a relatively new business, it has not yet garnered many reviews from satisfied customers. Despite this, the company maintains a high Trustpilot and Better Business Bureau rating.
Sproutt Life Insurance has received 4.8 out of a possible 5 stars on Trustpilot. It has an A- rating from the Better Business Bureau, which is also considered a good rating.
In addition, Consumer Affairs awards the business approximately 4.6 out of a possible 5 stars. Sproutt Life Insurance also receives a fantastic score of 9.5 out of 10 from the publication Money Under 30.
Guardian Life Insurance
Sproutt is backed not only by these ratings but also by Guardian Life Insurance. Guardian Life Insurance is one of the largest companies in the life insurance industry. Guardian Life has earned an A+ rating from the Better Business Bureau and an A++ rating (Superior) from A.M. Best Company.
According to the website of Money Under 30, Sproutt can connect healthy individuals between the ages of 30 and 45 with affordable life insurance options by utilizing one-of-a-kind tools and a website that is very simple to navigate.
According to Finder, Sproutt is part of a new wave of fintech startups working toward making the process of purchasing life insurance more straightforward. It solicits price estimates from a wide variety of highly regarded insurers. Sproutt serves not only individuals who are in good health but also applicants who pose a high risk and people who have trouble locating coverage at an affordable cost. However, the focus of the site is currently on term life insurance.
The reviews left by customers have a lot to say as well about Sproutt. Many reviews on Trustpilot and Consumer Affairs exclaimed that Sproutt provides great services, an easy-to-understand explanation if required, and they do it for the right price, making it a very customer-friendly company.
