Bestow Launches Safeguard API, Bringing 100% Electronic Existence Insurance to Partners

DALLAS, Nov. 9, 2020 /PRNewswire/ — Bestow right now announces the Secure API launch, expanding entry to its completely digital phrase lifestyle coverage encounter. Designed with an Insurance coverage as a Support approach, the Guard API allows corporations to specifically give life insurance coverage protection in their applications or web pages, with comprehensive control of the purchaser encounter.

The Shield API is customizable to particular person partner needs with quite a few integration selections, from providing protection estimates to completely internet hosting an conclude-to-conclude phrase everyday living insurance policies obtaining knowledge. With Bestow’s proprietary know-how, partners can collect all the info required to underwrite, present an fast final decision on eligibility and, if permitted, situation a lifetime coverage coverage without the need of a purchaser at any time leaving their app or web page. Bestow’s algorithms substitute info for the classic medical exam to change underwriting from months to minutes — no actual physical contact, cellphone screenings or doctor’s visits are necessary to secure protection.

“With the Defend API, partners can leverage Bestow’s industry-main platform to convey fiscal safety right to their customers,” stated Jonathan Abelmann, Co-Founder and President of Bestow. “Lots of households know they will need everyday living coverage but have not gotten all over to it nevertheless due to competing priorities and hectic schedules. With Safeguard API, partners can present a coverage resolution to their clients that is straightforward, fast, and affordable — which is seamlessly integrated into a platform they currently know and rely on.”

Bestow aids acquire the confusion and hassle out of economically preserving your liked types with phrase existence insurance by prioritizing what issues most to the each day household: very affordable protection, robust coverage quantities up to $1 million and a practical 5-minute software experience that by no means demands a professional medical test. Run by the Defend API, a balanced 35-12 months-previous female can acquire a 20-calendar year, $500,000 time period life insurance plan via her robo advisor, mortgage loan provider or pregnancy application beginning at only $22.50 for each thirty day period.&#13

The initial spouse to combine the new Safeguard API into its platform is Tomorrow, a startup that brings together lawful, money, and insurance policy products and services in one particular straightforward-to-use app. Tomorrow has helped hundreds of 1000’s of Individuals defend their households by developing important authorized paperwork these as wills, trusts, and superior healthcare directives. Now, Tomorrow customers can conveniently invest in phrase existence insurance policies protection to assistance economically guard their beloved kinds from the unforeseen.

“As well numerous family members live without having the security of existence insurance policy, which is why we’re thrilled to partner with Bestow to convey their easy shopping for expertise to our shoppers,” mentioned Dave Hanley, CEO of Tomorrow. “Tomorrow allows far more than 500,000 individuals who are new to estate arranging and insurance policy sense cozy and educated through its refined user practical experience. By employing the Protect API, Tomorrow users continue being in the application for the complete obtain encounter, from quoting to applying to invest in, which is completed in minutes.”

Bestow is actively increasing broker, agent and fintech partnerships as it builds on a banner calendar year of a lot more than 800% yr-over-12 months sales growth. Brokers or companions hunting to provide an entirely electronic time period existence insurance policy experience to their shoppers can do the job with the Bestow staff to realize their solution, implementation and commission desires. To master more about working with Bestow, e mail [email protected] or go to our lover website page.

About Bestow
Bestow is a present day lifestyle insurance policy business that employs technological know-how to make coverage accessible to millions. With Bestow, getting expression life insurance policy is 100% electronic — No medical practitioners. No needles. Just protection. By applying technology as an alternative of people, Bestow meets shoppers wherever they are with an working experience intended for present-day busy families. To understand far more or to offer Bestow to your clientele, go to Bestow.com.

About Tomorrow
Tomorrow is a mission-driven, venture-backed startup started in Seattle, WA in 2016 to assist all family members make prolonged-phrase financial and legal decisions alongside one another for the 1st time, in an effortless-to-use app made to enable them prepare for the potential. Master much more at https://tomorrow.me Comply with us on Facebook, Twitter @TomorrowIdeas, and Instagram @tomorrowideas.&#13

 

Cision Look at primary information to down load multimedia:https://www.prnewswire.com/news-releases/bestow-launches-secure-api-bringing-100-digital-daily life-insurance policy-to-companions-301168094.html

Resource Bestow Inc.