Bestow, the Leading Life Insurance Technology Company, Launches New Plug-and-Play Integrated Insurance Solutions for Businesses of All Sizes

Bestow, the Leading Life Insurance Technology Company, Launches New Plug-and-Play Integrated Insurance Solutions for Businesses of All Sizes

Bestow continues to increase financial security by creating low-cost, integrated life insurance software that businesses can launch in as little as a day.

DALLAS, May 3, 2022 /PRNewswire/ — Bestow, the leading life insurance technology company, today announces the launch of new integrated insurance technologies that enable businesses of all sizes to join forces to increase financial security through life insurance. lifetime. With integrations taking as little as one day to launch, Grant Protect is a suite of integrated solutions that enable fintech companies, financial institutions, P&C carriers, and other companies to bundle life insurance within their existing customer ecosystem, providing more value, increasing retention, and increasing revenue. .

Powered by Bestow's industry-leading platform, Protect integrations enable members to integrate a fully hosted, 100% digital term life insurance shopping experience.

Powered by Bestow’s industry-leading platform, Protect’s integrations allow members to incorporate a fully hosted, 100% digital term life insurance shopping experience.

With just one day to launch, Bestow Protect helps partners provide more value, increase retention and increase revenue.

Bestow Protect combines the best of Bestow technology with the brand equity and commitment of leading companies, making life insurance more accessible to millions of people in need. Powered by Bestow’s industry-leading platform, Protect’s integrations allow members to incorporate a fully hosted, 100% digital term life insurance shopping experience. Customers can request and, if approved, purchase up to $1.5 million in coverage in as little as 5 minutes within the partner app or website. A medical exam is never required. Bestow’s life insurance infrastructure provides a best-in-class experience for customers and handles all aspects of the buying experience for members, from price estimates to application, instant underwriting, and issuance and management of insurance. policies.

Bestow Protect’s integrated life insurance suite includes:

  1. protect website: A full-coverage, plug-and-play solution that businesses can launch in a day.

  2. Protect API: With a new SDK integration built on top of Bestow Protection API capabilities, companies can launch a highly customizable white-label offering on any app in just a few sprints.

In addition to industry-first integrated insurance technologies, Bestow provides end-to-end support for partners and their communities, including license assistance, release management, marketing and compliance expertise, and expert customer care.

“At Bestow, we’re building a transformative infrastructure that powers better life insurance anywhere,” said jonathan abelman, president and co-founder of Bestow. “Life insurance is a key component to financial security, but to truly expand access, the industry must embrace modern technology solutions that meet the needs and purchasing preferences of today’s customers. Bestow Protect does just that by allowing companies cross-sell this important product within their ecosystems through seamless software integrations that require minimal time and resources.”

Forty-one million Americans recognize the need for life insurance but have not yet purchased coverage, which represents a $12 billion coverage gap. High perceived costs, product confusion, process friction, and limited access are key barriers to ensuring financial protection for your loved ones. Millennials and Gen Z, in particular, are aging toward more mature life events such as homeownership, marriage, and parenthood, all times that create a need for life insurance. In fact, 48% of millennials They say they plan to buy life insurance soon.

With the Bestow platform, companies can strengthen their customer relationship by offering a product they need and an easy and affordable way to check it off their to-do list. Offering term life insurance alongside an existing product suite allows partners to engage with their customers for the next 10 to 30 years. Additionally, Bestow pays an annualized commission so partners can maximize lifetime value with payments that consistently accumulate over a recurring period.

To offer Bestow to your customers, send an email partners@bestow.com or visit our partners page.

about bestowing
Bestow is the leading life insurance technology company. As a direct-to-consumer destination and infrastructure provider, Bestow powers instant life insurance solutions for businesses of all sizes, on any channel. In a world full of unknowns, Bestow is on a mission to increase everyone’s financial security by creating the best possible products and experiences that serve future generations. For more information, visit grant.com.

(PRNewsfoto/Bestow Inc.)

(PRNewsfoto/Bestow Inc.)

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SOURCE Bestow Inc.

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