2026 Fidelity Life Insurance Review

Fidelity Life offers a range of term life policies for ages 16–65, making it ideal for people looking for temporary coverage. If you're looking for the best whole life insurance, this provider has limited options. You might want to consider other insurers, like North American and Protective.

Fidelity Life has multiple policies for seniors, including some that don't require medical underwriting. This makes it a good choice for seniors looking for permanent life insurance, short-term policies or final expense coverage.

Fidelity Life term life insurance policies are available for terms ranging from 10 to 30 years. Coverage limits for some term life policies are capped at $2,000,000.

Fidelity Life's whole life policy offers coverage of up to $150,000. The company also offers final expense policies, but it doesn't have universal life insurance products.

Fidelity Life term policies are a good option if you’re young and in relatively good health. Term life insurance policies allow you to pick a term length that suits your needs and choose a coverage level based on the premium that fits your budget.

Fidelity Life’s whole life policy is recommended for those over 50 with lifelong dependents who want coverage with a guaranteed death benefit and final expenses coverage. Whole life insurance policies accrue cash value that policyholders can borrow against, so they are a good option if you want a policy that allows you to save.

Final expense policies from Fidelity Life are a good option for seniors who want to ease the burden of final expenses for their beneficiaries. They offer varying levels of coverage based on your needs and don’t require a medical exam for approval.

Fidelity Life offers standalone accidental death insurance designed to pay benefits only when death results from a covered accident, as defined in the policy. Coverage begins after approval and doesn't require a medical exam, which makes this option accessible for applicants who don't qualify for traditional life insurance. Policies are available to adults ages 20–59 and offer coverage amounts ranging from $50,000 to $500,000. Premiums remain level for the life of the policy.

Accidental death insurance can supplement existing life insurance by adding targeted financial protection specifically for accidental events. It doesn't pay benefits for deaths caused by illness, natural causes or exclusions listed in the policy, such as certain criminal acts.

Life insurance riders are optional benefits that you can add to your standard life insurance coverage at a cost. They help you customize your life insurance coverage to suit your needs, and Fidelity Life insurance offers the following options.

Fidelity Life bases life insurance pricing on a combination of coverage amount, term length and applicant profile. Younger applicants and lower coverage levels result in lower premiums, while costs rise as coverage increases because the insurer takes on greater payout risk. Term length also matters. Longer terms and permanent policies lock in rates for more years, which raises monthly and annual costs compared with shorter policies.

The table below illustrates how premiums change as coverage amounts increase for a fixed term and applicant profile.

Rates shown reflect average quotes for applicants with average health and weight based on MoneyGeek's 2026 survey of life insurance providers. Your actual premiums will depend on your age, health, lifestyle, and state regulations. Contact licensed agents for personalized quotes.

Beneficiaries start the claims process by getting a certified death certificate and locating the policy number. Fidelity Life requires a completed claim form for each listed beneficiary. The company publishes its official claim forms and submission instructions on its claims page.

After Fidelity Life receives the claim request, it reviews the policy terms, beneficiary designations and cause of death. Claims filed after the contestability period that don't involve policy exclusions move through the review more quickly. If additional records are required, Fidelity Life contacts the beneficiary directly, which can extend processing time.

Approved claims pay benefits as a lump sum unless the policy specifies another settlement option. Payment methods depend on the options available at payout, such as check or electronic deposit.

Fidelity Life is an established U.S. life insurer, offering different policy options at competitive rates. In our Fidelity Life insurance review, we found that the company is an excellent choice for people seeking temporary coverage and seniors requiring permanent life, short-term or final expense coverage. 

Comparing Fidelity Life with other insurers helps clarify whether its coverage limits, underwriting rules and pricing align with your needs.

We designed this methodology based on MoneyGeek's 2026 life insurance industry analysis to reflect how real buyers compare pricing, features and service before committing to a long-term premium.

To create fair, apples-to-apples comparisons, we collected Fidelity term life insurance quotes using a single standard profile: a 40-year-old man, nonsmoker, 5 feet 9 inches tall, 160 pounds, with an average health rating. This profile reflects a typical working-age adult shopping for income replacement and debt coverage, not an outlier with unusually low or high risk.

From that baseline, we adjusted age, gender, height, weight, tobacco use and health rating to see how Fidelity Life’s pricing responds to changes buyers actually experience over time. We also gathered quotes across multiple term lengths and coverage amounts. Comparing different policy sizes shows how costs scale as financial responsibilities grow, whether that means extending coverage from shorter terms or increasing the death benefit to cover a mortgage, college costs or long-term income needs.

To rank Fidelity Life, we used a weighted scoring model built around how consumers interact with life insurance in practice. Affordability accounts for 55% of the score because premiums affect household budgets for decades, and even small differences compound over time. Customer experience represents 30% of the score, reflecting the importance of clear communication and support during stressful claim situations. Coverage options make up the remaining 15%, since features lose value if pricing strains budgets or claims prove difficult to navigate.