LIFE INSURANCE ALTERNATIVE
If you can’t get traditional life insurance, you can still protect your family.
LifeShare is a community-driven, cost-sharing alternative that protects the people you love most.
Traditional life insurance doesn't work for you. Now what?
Not everyone qualifies for life insurance. And not everyone can afford it.
You’re over 40 — premiums are high
The policy you bought in your twenties lapsed. The costs of a new plan are prohibitive — but now’s when you need it most.
You have a minor health condition
Smoking, diabetes, obesity — these make it harder (or impossible) for you to qualify. But what does that mean for your kids?
You can protect your family’s future — even if life insurance won’t
LifeShare provides easy and affordable protection for families, without the need for a life insurance policy. This payout is funded by LifeShare members, not an insurance policy.
With instant online approval, your family’s peace-of-mind is within reach.
How does this work?
Join
Answer a few quick questions and pay the annual membership fee (less than $6/month).
Contribute
Pay only upon the passing of a LifeShare member
($32-$52 per death,
capped at 12 times per year).
Protect
Beneficiaries receive up to $250,000 payout — within one week! (through age 65)
Rabbinic Advisors
- Rav Asher Weiss
- Rav Hershel Schachter
- Rav Shmuel Fuerst
What LifeShare members are saying
“It helps others, while providing our family with coverage.”
As a wife, I kept nudging my husband to get life insurance, but he kept procrastinating and never got around to it. When we found LifeShare, it made the process so easy so he had not more excuses! He finally signed up, and I love that it helps others, while providing our family with coverage.
Rachel G.
Age 43, Los Angeles, CA
“It’s a much better investment than regular life insurance.”
My life insurance expired, and I was searching for a new policy when I found LifeShare. It feels like a much better investment than regular life insurance – it’s lower cost and everyone chips in to help other, so it’s a real win-win for everyone involved.
Calen F.
Age 39, Dallas, TX
“The process was quick and easy.”
I am 35 and never had life insurance. It always bothered me that I didn’t have a plan to protect my family’s future. When I saw an ad for LifeShare, I knew it was time to stop delaying getting life insurance and finally take action. The process was quick and easy, and now I have the security my family deserves.
Steve S.
Age 35, Seattle, WA
“Now I have the extra protection I need.”
I have basic life insurance coverage but I wanted more. I am a little overweight and I kept putting it off, and now traditional insurance is too expensive. When I saw an ad for LifeShare, I loved the idea. It was simple and easy to join, and now I have the extra protection I need.
Larry L.
Age 34, Pomona, CA
It gives me peace of mind.
I had intended to get life insurance for years but never got around to it—it always seemed too expensive. When I came across LifeShare, I joined. It gave me peace of mind and a sense of helping others, all in one.
Sam C.
Age 55, Jackson, WY
Why breadwinners choose LifeShare
No underwriting, no premiums, no corporate profits.
Just a simple, transparent system where members support each other when it matters most.
Instant eligibility
No medical exams, no paperwork. If you join, you’re covered. Find out if you’re eligible and join in two minutes or less.
Zero premiums
Instead of paying annual premiums of $600-$2000, members pay less than $6 per month, and then contribute $32- $52 only when there’s a death.
100% Tzedakah
Protect your family while using Maaser. Every contribution is fully tax-deductible and goes straight to families who just lost a parent.
Ethical and transparent
The annual membership covers operational costs; every other dollar directly puts bread on a family’s table. No hidden fees — just people helping people.
COMPARE
What’s the difference?
.
Monthly Premiums
Health exam
Approval
Costs
Term length
Payout
Traditional Term Life Insurance
- $150 - $400 per month, or more.
- Required in-person health exam & tests
- Delayed
- Increases with age
- 20-year term (typical)
- 14-60 days
- Less than $6/month membership fee, billed annually.
- 1 minute questionnaire
- Instant online
- Max $52 tax-deductible donation per death, payable from tzedakah.
- Fixed length through age 65
- Within 1 week after death
Frequently asked questions
How can I be sure that LifeShare will pay out when needed?
LifeShare operates on a cost-sharing model. While there is no guarantee, the program is designed to maintain a strong, reliable funding pool.
- All members pre-authorize automatic contributions
- Our secure payment system regularly verifies and updates member payment information
- Non-contributing members are promptly replaced, maintaining the funding pool’s strength
The contribution structure has been rigorously vetted by actuaries and insurance professionals. If a payout were triggered today, it would be in the $60,000-$70,000 range.
How often will I have to contribute?
Based on actuarial projections, members can expect to make 6 to 8 contributions per year, with a maximum cap of 12.
What if 100 people die at once?
We base our financial projections on detailed mortality tables and actuarial reports from insurance companies. Our financial model is continuously adjusted to account for risk. For example, the cost for smokers or those with health concerns is about three times higher than for healthy or preferred-risk members, and this is factored into both pricing and expectations.
In the highly unlikely event of a mass catastrophe, we will try to raise additional funds but cannot guarantee payouts. We are here to support families facing individual tragedies; large-scale disasters are beyond the scope of this program.
Is this only for people with health issues or smokers?
No, LifeShare is for anyone seeking affordable family protection. While we often serve those with medical conditions who struggle to get traditional insurance, our cost-sharing model also benefits healthy individuals who:
- Found traditional premiums too expensive
- Had previous policies lapse
- Are between jobs or insurance coverage
- Want supplemental protection beyond existing policies
- Prefer our straightforward, community-based approach.
Whether you have health concerns or are in perfect health, LifeShare provides an accessible alternative to life insurance.
Do the payments increase with time?
No, the fees are fixed. Unlike traditional insurance where premiums rise as you age or if your health changes, LifeShare’s fees are consistent, with no surprise hikes, through age 65.
Your annual fee never increases, and the contribution amount of $32 – $52 per member passing is locked in for the duration of your membership.
The only variable is the number of member passings per year, which is capped at 12.
What are the risks of using LifeShare?
LifeShare doesn’t guarantee payouts, so there’s a chance contributions might not fully cover every member. That said, the program is built to be sustainable through collective support and has been carefully verified by actuaries. The risk is minimal, and for just a few dollars a year, you can help ensure your family won’t face tremendous financial hardship.
Can I cancel anytime?
Yes. LifeShare does not require long-term contracts. Members can join or leave the program as needed, with no obligations or penalties.
Is LifeShare right for you?
Minor Health Condition?
LifeShare's underwriting consists of a brief health questionnaire. If you’re a smoker or diabetic, or you struggle with weight, you’re still welcome here.
Are you over 40?
If you put off buying life insurance (now it’s expensive!) or your policy lapsed, we can help. Join today and lock in your membership until age 65.
Already insured?
Many of our members already have life insurance but want an extra $250K paid out immediately. Plus, your tax deductible contributions help families in crisis.
Your family shouldn’t suffer because you can’t get traditional life insurance
Don’t leave your loved ones floundering in a crisis.
Join our simple alternative to life insurance and provide for your family when they need it most — up to $250,000, paid out within a week.
