Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive WhatsApp community where you can engage in discussions with global industry experts!
Smart, affordable life insurance you can buy online in minutes. Featured on @TechCrunch @HuffPost. #FinCon20
Bestow is an online InsurTech platform that allows users to buy life insurance products. It leverages predictive analytics to instantly determine risk and provide consumers access to comprehensive life insurance solutions.
It has developed a proprietary underwriting engine that uses predictive analytics to assess an individual’s risk factor to determine whether a particular individual qualifies for the insurance policy.
The company generates revenue by charging agency commissions and administrative fees. It offers two types of plans: 1. Lock It In: Charges $8.13 per month and it provides 10-20 years in coverage. 2. Just Get: Offers a two-year coverage plan for $2.50 per month.
The company has partnerships with Munich Re and North American Company for Life & Health Insurance.
Sign up for 7 days free trial with MEDICI Inner Circle to follow and track profiles you care about.