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Fidelity Investments Life Insurance Review


ConsumersAdvocate.org Rating: 4.1 / 5 (Excellent)
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Fidelity Investments is a life insurance company founded in 1946 and based in Boston, Massachusetts. The company offers diversified, market-leading financial services to individuals, families, employers, wealth management firms and institutions. One of the products the company offers is term life insurance, which you can get a quote for directly through its website.

How Do We Rate Fidelity Investments?

Breakdown

4.5/5
Company Stability
2.5/5
Reputation
4.8/5
Policies & Coverage

Our Overall Rating: 4.1 / 5 (Excellent)

Fidelity Investments offers a relatively simple and streamlined term life insurance product for people looking coverage for 10 to 30 years. The company gives you a price quote before you submit your entire application, ensuring you don't waste your time filling out for coverage you don't need or can't afford. While its online reviews leave a lot to be desired, the company does have a solid rating with the Better Business Bureau, holding an A rating with the institution.

Financial Strength

Company Stability - 4.5 / 5

Fidelity Investments is a financially stable company, having assets under administration totaling $15 trillion and discretionary assets totaling $5.9 trillion. Fidelity Investments does it itself underwrite its life insurance policies, working with partners such as Fidelity Life Association to underwrite them.

Reputation & Customer Experience

Customer Ratings

Date Collected
2025-06-23

Reputation - 2.5 / 5

Fidelity Investments has a 1.3 rating on Trustpilot, with 875 reviews. Most reviews speak of complicated and delayed payments and a cumbersome customer service experience. The company is rated A+ by the Better Business Bureau, although it is not accredited by the institution.

Fidelity Investments Policies

Fidelity Investments offers customers the following life insurance policies: Term.

Term Life Insurance

Available Terms
10 year
15 year
20 year
25 year
30 year

Policies & Coverage - 4.8 / 5

Fidelity Investments offers term life insurance coverage for 10, 15, 20, 25 or 30 years. You can request a quote through the company's website by filling out its online application. Afterwards, your application will get reviewed and the company will contact with more information, including a possible medical exam. After you get approved, you will receive the final offer which you can choose to accept by simply paying the initial sum.

Flexibility and Available Riders

Flexibility & Available Riders - 3.8 / 5

Fidelity Investments offers a relatively simple and straightforward term life insurance coverage without many available riders. The company requires a 30-minute medical exam in most cases to ensure a complete picture of your health.

Additional Company Information


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Our Partner
Best for affordable term life from a trusted brand
  • Apply online. If eligible, no medical exam is required, and you may receive a decision in minutes.
  • Flexible term lengths:10 to 30 years available in most states.
  • Protect your loved ones with high-limit policies and affordable monthly premiums.

* Fidelity insurance products issued by Fidelity Investments Life Insurance Company. Not available in NY.