Dayforward Life Insurance Review

Life insurance from Dayforward is distinct from other policies now available on the market. There is a lower lump-sum payout than regular plans, then monthly payments for a certain period of time, usually until the recipient is 21 years old, as per the policies’ design.

It provides advantages, such as ensuring your children’s financial security in the event of your death. This insurance is similar to an annual decreasing term policy in that your monthly premium will remain the same throughout the duration of your coverage. Your children’s benefit from your coverage declines year after year as they become older.

If you wish to leave a certain sum of money to your children after your death, you should buy a typical term life insurance policy. To be sure, this alternative may not work for everyone. If that’s the case, you may want to consider something else.

For the time being, customers in the rest of the country will have to wait for Dayforward, a new insurance provider with coverage exclusively accessible in Texas. J.D. Power and AM Best don’t have any customer complaints or reviews for it yet because it was only founded in 2021 and has just begun collecting data. As a result, buying insurance from Dayforward may be riskier because the company’s financial soundness and customer satisfaction ratings have not been time-tested.

Dayforward only provides term life insurance

Dayforward Life Insurance Review -Dayforward Logo

However, instead of a standard insurance that simply pays out a single lump amount after your death, Dayforward keeps things simple by only giving term coverage.

When you die, your beneficiary will receive an instant lump sum payment of $10,000 to cover your funeral fees and any emergency expenditures. A bimonthly payment is then provided as part of the insurance as a means of replacing your lost income. Benefits for minors are paid to the beneficiary’s legal guardian on their behalf.

Policy terms range from 10 to 27 years and cover incomes ranging from $12,000 to $500,000. Unless you add more children or get a raise in your wage, your monthly premium will remain the same during your term.

Life insurance rates of Dayforward

Dayforward has transparent pricing. Each policy costs $5 a month, and that fee is already factored into the overall price. The cost of insurance coverage varies based on your age and health, the wage level you want to replace, and how long you want your youngest kid to be protected under your policy..

A healthy 30-year-old couple with a 5-year-old kid and an annual salary of $60,000 were given sample quotes to give you an idea of pricing.

  • Male. Child up to 21 years old $17 per month, Child up to 26 years old $23 per month
  • Female. Child up to 21 years old $14 per month, Child up to 26 years old $18 per month

Various elements have an effect on your rates

When filling out the Dayforward application, you’ll be asked about your annual income as well as how healthy you are on average. Dayforward will not cover you for an amount greater than your monthly income since its insurance is an income replacement policy.

Underwriting necessitates asking more in-depth medical questions, such as on smoking, drug usage, and alcohol consumption. You’ll also have to supply information about your driving record and criminal background from the ten years before to your application. Your premiums will rise in direct proportion to your level of risk.

How to acquire a Dayforward quote?

Dayforward will provide you with a quotation in 10 minutes once you complete a few medical health questions.

To begin, send us an email with the following information:

  • Date of birth.
  • Gender.
  • Annual income.
  • Youngest child’s birthdate.

Does Dayforward require medical testing?

If more information or testing is needed for coverage, Dayforward will contact you by phone or email. Answer questions over the phone, or Dayforward will schedule a blood and saliva sample collection appointment for you at a nearby medical lab.

Within 24 to 48 hours of Dayforward receiving your responses or test results, you’ll learn if your application has been approved or denied.

What riders can I add to my life insurance policy?

Each life insurance policy sold by Dayforward comes with two free riders to assist you keep up with your increasing family and income:

  • The rider is a child. As soon as your children are born, you should add them to your life insurance policy.
  • Rider for income. By producing evidence of income, you can both increase your coverage and your compensation.

Dayforward will compute and charge an additional premium based on additional income or children you wish to add to your policy. You do not need to request these two riders or further underwriting.

You can have a Dayforward policy and traditional life insurance

In addition to your Dayforward coverage, you may acquire a regular life insurance policy from another insurer. Your employer’s insurance or another policy, such one from Dayforward, can be supplemented with a Dayforward policy.

How can Dayforward deny my claim?

According to Dayforward’s advertising, claims can be denied under two circumstances:

  • Fraudulent statements made during the policy purchase or underwriting procedure
  • A suicide that occurred in the first two years of the policy’s existence

Pros and cons of Dayforward life insurance


  • Life insurance that’s easy to understand. Customers can get a single-term coverage from Dayforward.
  • The duration of the contract is up to the customer. There are several alternatives available to you as a Dayforward policyholder. You have the option to extend your coverage until your youngest kid becomes 18, 21, or 26 years old if that suits your requirements better.
  • Payment is made in two equal installments each month. Dayforward came up with a method that sends a $10,000 check right away. A payroll schedule is then emulated by making payments every other week.
  • Riders who operate on their own volition. Dayforward automatically adds its two riders to each policy, making policy management a breeze for you.


  • This is a brand-new business. No previous customer satisfaction or claim payment history is available for Dayforward because it was founded in 2021.
  • Texas is the only state where it’s accessible. For the time being, Dayforward is only offering insurance to citizens of Texas.
  • Dayforward hasn’t been given a rating just yet. Dayforward has yet to receive a Better Business Bureau (BBB) or AM Best rating because of their youth.

Dayforward life insurance reviews and complaints.

In the year 2021, Dayforward was created. There are no Trustpilot or BBB complaints or reviews. Dayforward plans, on the other hand, are reinsured by Munich Re, an AM Best A+ rated company. As a result, future claims will most likely be paid out.

Visit our review of Combied Life Insurance Review for one more life insurance review.

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Levi Jorgensen
Levi Jorgensen is a life-long explorer. When he's not writing about life insurance, he works as an appraiser of antiques. He's based in Columbus, Ohio with his wife and 2 children.
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