In as little as at some point to launch, Bestow Shield helps companions present extra worth, improve retention, and develop income.

Tweet this

Bestow Shield pairs the very best of Bestow’s know-how stack with main corporations’ model fairness and engagement — making life insurance coverage extra accessible to tens of millions of people that want it. Powered by Bestow’s industry-leading platform, Shield integrations allow companions to embed a fully-hosted, 100% digital time period life insurance coverage shopping for expertise. Prospects can apply for, and if authorized, buy as much as $1.5 million in protection in as little as 5 minutes throughout the companion’s utility or web site. A medical examination is rarely required. Bestow’s life insurance coverage infrastructure gives a best-in-class expertise to clients and handles each facet of the buying expertise for companions from pricing estimates to utility to immediate underwriting to coverage issuance and administration.

The Bestow Shield suite of embedded life insurance coverage consists of:

  1. Shield Net: a plug-and-play full-coverage resolution that corporations can launch in at some point.
  2. Shield API: with a brand new SDK integration constructed on prime of Bestow’s Shield API capabilities, corporations can launch a extremely customizable, white-labeled providing in any utility in a couple of sprints.

Along with industry-first embedded insurance coverage applied sciences, Bestow gives end-to-end assist for companions and their communities, together with licensing help, launch administration, advertising and marketing and compliance experience, and professional buyer assist.

“At Bestow, we’re constructing transformational infrastructure that powers higher life insurance coverage anyplace,” mentioned Jonathan Abelman, President and Co-Founding father of Bestow. “Life insurance coverage is a key part to monetary safety, however to actually increase entry, the {industry} should undertake fashionable know-how options that meet the wants and shopping for preferences of at the moment’s clients. Bestow Shield does precisely that by enabling corporations to cross-sell this essential product inside their ecosystems by seamless software program integrations that take minimal time and sources.”

See also  Life Insurance coverage Coverage Administration Techniques Software program Market Dimension, Share, Progress 2022-2029| Key Gamers - Oracle, CyberLife, Instanda, EXL's LifePRO

Forty-one million People acknowledge a necessity for all times insurance coverage however have but to buy protection, representing a $12 trillion protection hole. Perceived excessive prices, product confusion, course of friction, and restricted entry are key boundaries to securing monetary safety for his or her family members. Millennials and Gen Z, specifically, are ageing into extra mature life occasions, corresponding to homeownership, marriage, and parenthood — all moments that create a necessity for all times insurance coverage. In reality, 48% of Millennials say they plan to purchase life insurance coverage quickly.

With Bestow’s platform, corporations can strengthen their buyer relationship by providing a product they want and a easy and reasonably priced technique to examine it off their to-do listing. Providing time period life insurance coverage alongside an current product suite permits companions to work together with their clients for the following 10-30 years. As well as, Bestow pays an annuitized fee so companions can maximize lifetime worth with funds steadily rolling in over a recurring interval.

To supply Bestow to your clients, e mail [email protected] or go to our companion web page.

About Bestow
Bestow is the main life insurance coverage know-how firm. As each a direct-to-consumer vacation spot and an infrastructure supplier, Bestow powers immediate life insurance coverage options for companies of all sizes, throughout any channel. In a world stuffed with unknowns, Bestow is on a mission to extend monetary safety for everybody by creating the very best merchandise and experiences that serve future generations. To study extra, go to bestow.com.

SOURCE Bestow Inc.

LEAVE A REPLY

Please enter your comment!
Please enter your name here