A simple and affordable life insurance alternative.
Up to $250,000 cash payout.
$0 monthly fees.
Instant approval.

Quick and Simple Peace of Mind.
Life is unpredictable. There may be many reasons why people fail to prepare for the unexpected, but protecting your loved ones doesn’t have to be complicated.
That’s where LifeShare steps in.
Our Mission is to:
Ensure your family’s immediate financial security and peace of mind, whether traditional life insurance is accessible and affordable, or not.
What is LifeShare?
LifeShare provides simple and affordable access up to a $250,000 death benefit, without the need for a life insurance policy. This payout is funded by participating LifeShare members, not an insurance company.
With an instant online approval, we make it simple to protect your family’s financial future.
Key Benefits of LifeShare
- $0 fixed premiums or monthly obligations;
- No brokers or agents; simple 5-minute online enrollment;
- Only $40 annual membership fee;
- Up to $250,000 payout within 1 week of death (eligible up to age 65);
- $32 charitable contribution, only upon the death of a LifeShare member. There are NO other obligations.
- Estimated annual payments: 4-5/year ($150)
- Maximum annual cap: 12/year ($384)
- Already insured? Lifeshare is an inexpensive way to supplement a traditional policy, or to help support a family in need.
Join over 100 cities across the globe already participating in LifeShare!
Traditional Term Life Insurance Compared to LifeShare.

How It Works in 3 Easy Steps.
LifeShare’s member-driven program is so simple, there are no more excuses for your family to remain unprotected.
STEP 1
Join LifeShare.
Register online in under 5 minutes with instant approval. No brokers, medical exams or red tape. Pay an annual $40 membership fee.


STEP 2
Pay only upon a LifeShare member’s passing
Commit to a $32, tax-deductible donation only when a fellow LifeShare member passes away.
$0 monthly costs or premiums!
- Donations are considered charity and are eligible for a US tax receipt.
- Estimated annual contributions: $150, based on 4-5 deaths per year. (Annual cap: 12/year $384)
STEP 3
Your family is protected
When a LifeShare member passes away, their beneficiaries receive a $250,000 payout within one week of death verification.
- Eligible through age 65.

Is LifeShare Right For You?

Already insured?
Many of our LifeShare members already have life insurance policies. They are looking for an additional $250k death benefit, paid out immediately. As a bonus, you get to help support the community.

Are you over 40?
Perhaps you delayed purchasing life insurance or your policy lapsed, and premiums are too expensive now?
No worries!
Join today and lock in your membership until age 65.

Minor Health Condition?
LifeShare's underwriting consists of a brief health questionnaire. Asthma? Diabetes? Sleep apnea? No problem! We accept many conditions insurance companies wont.
Other Key Points
• Minimum out-of-pocket: $40/year membership fee
• Estimated average out-of-pocket expense: $150/year
• Maximum out-of-pocket cap: $384/year (12 collections)
• Maximum age for a payout: 65 years
• Spouses can be added as a separate membership
• Cancel membership at any time, no restrictions
Cancel at any time

Our Story
For decades, insurance agents and organizations have worked tirelessly to promote the purchase of life insurance, yet the number of uninsured individuals remains unacceptably high. In many communities, this is evident in the number of widow and orphan campaigns witnessed almost daily. Many families genuinely want to safeguard their loved ones, but various legitimate obstacles have prevented them from securing life insurance.
We realized there had to be a better way—an alternative, member-driven solution that would provide families with a financial safety net, even without a traditional policy. And that’s how LifeShare was born.
Frequently Asked Questions
HOW MUCH WILL I PAY EACH MONTH?
Because LifeShare is not an insurance company, there are no fixed monthly costs or premiums. Your only financial responsibility is to make a $32 contribution upon the death of a fellow community member. Based on projections, we estimate 4-5 deaths per year. Or less than $200.
CAN I JOIN IF I HAVE PRE-EXISTING CONDITIONS OR A TERMINAL ILLNESS?
Aside for pre-existing, life-threatening or terminal illnesses, there are no health restrictions to joining the community (examples: Malignant cancer, Cardiovascular disease, ALS, etc.). Individuals who have been diagnosed with a life-threatening illness within the past five years will not be permitted to join LifeShare. Failing to report such a diagnosis or condition may invalidate a payout upon our review.
HOW MUCH COVERAGE DO I GET?
When you join LifeShare, you’re not buying coverage in the traditional sense. You are joining a community of members who have committed to making payments to your family upon your passing. Your family will be entitled to receive a one-time, tax-free payout of $250,000. We expect to make all payouts within 72 hours of death verification.
IF I ALREADY HAVE LIFE INSURANCE, WHY SHOULD I JOIN?
If you already have life insurance, that’s great! But you should absolutely still join LifeShare so you can support the community and making contributions in the event of another member’s death. Additionally, you would receive an additional payout of $250,00 on top of your existing policy.
IS LIFESHARE CONSIDERED AN INSURANCE COMPANY? DOES IT REQUIRE ANY SPECIAL LICENSING?
No, LifeShare is not classified as an insurance company and, therefore, does not require special licensing. A few key factors that differentiate LifeShare from insurance companies include:
- Payment Structure: Unlike insurance companies that collect fixed premiums regardless of claims, LifeShare members only make contributions when a fellow peer passes away. The funds are immediately transferred to the family of the deceased.
- Risk Sharing: LifeShare does not assume the risk of loss individually. Instead, the risk is shared by all members of the community.
HAVE INDUSTRY PROFESSIONALS REVIEWED THE LIFESHARE PROGRAM?
Yes. From the inception of the LifeShare, we have worked closely with actuaries, attorneys, financial professionals and insurance agents to determine mortality rates, the model’s financial viability, and potential risks. We will continue to consult with them as the program and communities grow.