BetterLife, the new name in life insurance founded by two member-owned companies over 115 years ago with similar histories. Together we are BetterLife and have a mission to provide affordable life inBetterLife, the new name in life insurance founded by two member-owned companies over 115 years ago with similar histories. Together we are BetterLife and have a mission to provide affordable life insurance protection for hardworking Americans.surance protection for hardworking Americans.