Term Life InsuranceTerm Life Insurance
Pacific LifePacific Life
Smooth underwriting experience with best-in-class scuba diving flexibility.
Pacific Life
Smooth underwriting experience with best-in-class scuba diving flexibility.
About Pacific Life
Pacific Life has served policyholders since 1868 and operates as a mutual holding company — meaning there are no shareholders, and profits support long-term policyholder value. Rated A+ (Superior) by AM Best, Pacific Life is a preferred carrier for clients who plan to eventually convert their term policy to permanent life insurance, offering a seamless conversion path with no new underwriting required. The PAL+ smart underwriting system routes each applicant through the least invasive review path — accelerated, modified, or traditional — and $3M in no-exam coverage is available to eligible applicants ages 18–60. One important note: the terminal illness rider uses a 12-month life expectancy definition, narrower than the 24-month standard offered by other carriers.
FindInsureWise's Take
Pacific Life is the top choice for recreational scuba divers and applicants planning to convert to permanent coverage. The PAL+ smart underwriting creates an efficient application experience, and the seamless conversion path to PL Promise Conversion UL protects future insurability. The terminal illness rider uses a 12-month definition (narrower than the 24-month standard we prefer) and there are no critical illness or chronic illness riders — meaning this product is best suited for applicants who value the brand, conversion path, or scuba underwriting rather than comprehensive living benefit coverage.
Strengths
- Best carrier for scuba divers — recreational divers under 130 feet may still qualify for Preferred Best rates
- Seamless conversion to PL Promise Conversion UL with no new health exam — protects future insurability
- PAL+ smart underwriting with three automatic pathways — applicants reach the fastest possible approval path
- No-exam up to $3M for eligible applicants ages 18–60
- A+ (Superior) rated mutual holding company — policyholder-aligned structure
Considerations
- Terminal illness rider uses 12-month life expectancy definition — narrower than the 24-month standard offered by leading living-benefit carriers
- No critical illness or chronic illness riders — limited living benefit coverage
- Not recommended as a primary choice for families focused on comprehensive living benefit protection
PL Promise Term
Smooth underwriting experience with best-in-class scuba diving flexibility.
Product Details
Key Features
PAL+ Smart Underwriting
Applicants aged 18–60 may qualify for up to $3 million without a lab exam through Pacific Accelerated Life+ (PAL+). If an exam is needed, the system automatically routes you to the lightest possible review path.
Seamless Conversion to Permanent
Convert to a Pacific Life Universal Life policy (PL Promise Conversion UL) before age 70 — no new health exam required. Protects your future insurability regardless of what happens to your health after issue.
Scuba Diving Friendly
Recreational scuba divers diving to depths under 130 feet still have a strong chance of qualifying for Preferred Best rates — an area where most carriers impose flat extras or declinations.
Best For
Clients who want high no-exam coverage limits, enjoy scuba diving, or plan to convert their policy to permanent coverage in the future.