Bestow's Enterprise Platform
Bestow has developed a full-stack enterprise platform to solve the cost and complexity of implementing a fully digital term life business for legacy carriers & fintech companies using best-in-class technology and operations, instant (not simplified) personalized underwriting, and sophisticated, full-funnel dashboards and tools to track performance.
Historically, there have been substantial pain points for selling instant-issue life insurance, including sacrificing competitive rates and larger face amounts to deliver a no-exam experience. One of Bestow’s greatest competitive advantages (which our Enterprise SaaS partners can leverage) is our underwriting platform. Our platform powers 100% digital life insurance with pricing competitive to fully underwritten policies and face amounts of $1.5 million+.
We designed a digitally optimized term life product from scratch, leveraging third-party data and advanced analytics to build out instant-issue underwriting algorithms, and pairing it all with our end-to-end digital enrollment platform. For partners, we help design and file a digitally-optimized product on your paper—a product that’s tailor-made for your risk tolerance, underwriting rules and philosophy. The end result: carrier partners can marry a transactional fulfillment experience with the advisory expertise of their distribution.
This solution from Bestow empowers advisors to reach and serve more clients faster, and also enables partners to refocus business resources to more complex products and higher-touch clients.