Accidents can happen to anyone, anywhere, at any time. But it’s safe to say some people are more accident-prone than others. Sure, paying for a life insurance policy when you’re going about your relatively risk free, day-to-day life might not seem particularly appealing. But what about if your day-to-day or you weekend getaway isn’t exactly risk free?

Life by Spot is the solution for you.

Life by Spot is a life insurance company offering one to thirty day policies for “living more than a little.” Covering a wide range of medium to high-risk activities across the United States, Spot allows users to pick up a quick, no nonsense policy starting at $7 a day. There’s no medical exam required, just fill out a simple application through the Spot app and activate your policy within 30 days of when you need it.

What are some of the activities Spot covers? A better question is what it doesn’t. You can cover weekend adventure activities, like skydiving, scuba diving, hang gliding, and skiing, or you can cover longer-term life events, like a cross country roadtrip or a military deployment. To put it simply, if you’re about to enter a situation where maybe you should’ve thought about life insurance before you signed up, Spot is an fast, easy, and no frills solution.

The company is backed by Fidelity Life Association and reinsured by Hannover Life Reassurance Company of America.

Spot is a unique example reflecting the larger trend of customizable life insurance products. The coverage gap in the U.S. life insurance industry right now represents millions of people and billions of U.S. dollars. In order to get people do buy into something they never have, you have to provide something that doesn’t currently exist. Life by Spot demonstrates just one particular way that life insurance can be tailored to suit individual needs.
If you’re curious about how Spot works, dig into the more technical side of the company on their website or check out their FAQs page.

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