Compare Bestow’s life insurance platform to others and see the difference

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Hero

Bestow vs. other platforms

4-6 months to launch
Cloud-native, API-first
Modern, intuitive
Flexible APIs
Transparent pricing

Others

6-18 months to launch
Often a new skin on old tech
Complex, steep curve
Rigid, limited, resource heavy
Black box pricing with hidden add-ons

Only Bestow delivers these results this quickly

<6 months

Time to Market

Products are launched in months, not years.
45%

Cost Reduction

Lower per-policy costs within the first year.
2x

Sales Increase

Market-proven products consumers and agents love.
3x

Conversion Rate

A frictionless, digital sales process.
22%

Lower Underwriting Costs

Recommendation Engine tech drives cost efficiency.
3x

Underwriting Efficiency

Automation and integrations fuel potential savings.

Other platforms could hold you back

If you're evaluating life insurance platform solutions, you already know the challenges that many platforms present:

Too slow

Long implementation timelines and waiting months for simple changes

Too complex

Siloed experiences requiring bulky integrations and a steep learning curve for users

Too rigid

Legacy architecture that’s cobbled together and can't support modern needs

Explore the platform

Digital sales enablement for agents
Get tools like a clean, modern sales portal and fast, flexible quote interface that offer speed and efficiency to your distribution team.
Explore Agent Tools
State-of-the-art Illustration
Empower your agents to communicate real-time product value with our industry-first responsive illustration tools.
Explore Application Suite
Modern, multi-channel distribution
Get a fast, digital, and easy-to-navigate consumer and agent application experience that’s consistent across online, in-person, or phone sales.
Explore Application Suite
Sophisticated rules engine
Unlock the modern tech stack you need to quickly and easily build, test, and launch data-backed and compliant underwriting programs.
Explore Underwriting
Streamlined workbench
Empower your underwriters with a user-friendly workbench loaded with everything they need to make efficient, informed decisions.
Explore Underwriting Workbench
Smooth, digital checkout and bind
Give customers and agents a modern checkout experience they'll love, including digital payments and post-decision adjustments.
Explore Application Suite
Automated policy issuance
Provide policyholders with automatic digital policy delivery and 24/7 access to policy docs via a customer portal experience.
Explore Application Suite
Powerful administration suite
Simplify post-issue servicing with admin offerings like a feature-packed portal and trusted TPA services.
Explore Admin Portal
Branded customer portal
Empower customers to self-service up to 97% of typical service needs with our intuitive, branded customer portal experience.
Explore customer self-service
Simple claims initiation
Digitally initiate the claims process via intuitive administrative and customer portal flows.
Explore Administration
Sales
Digital sales enablement for agents
Get tools like a clean, modern sales portal and fast, flexible quote interface that offer speed and efficiency to your distribution team. 
Explore Application Suite
Application
Modern, multi-channel distribution
Get a fast, digital, and easy-to-navigate consumer and agent application experience that’s consistent across online, in-person, or phone sales.
Explore Application Suite
Underwriting
Sophisticated rules engine
Unlock the modern tech stack you need to quickly and easily build, test, and launch data-backed and compliant underwriting programs.
Explore Underwriting
Streamlined workbench
Empower your underwriters with a user-friendly workbench loaded with everything they need to make efficient, informed decisions.
Explore underwriting workbench
Bind
Smooth, digital checkout and bind
Give customers and agents a modern checkout experience they'll love, including digital payments and post-decision adjustments.
Explore Application Suite
Policy Issue
Automated policy issuance
Provide policyholders with automatic digital policy delivery and 24/7 access to policy docs via a customer portal experience.
Explore Application Suite
Maintenance
Powerful administration suite
Simplify post-issue servicing with admin offerings like a feature-packed  portal and trusted TPA services.
Explore Admin Portal
Branded customer portal
Empower customers to self-service up to 97% of typical service needs with our intuitive, branded customer portal experience.
Explore customer self-service
Claim
Simple claims initiation
Digitally initiate the claims process via intuitive administrative and customer portal flows.
Explore Administration

Say “so long” to getting nickel-and-dimed

With Bestow, industry standard changes come standard. Our transparent pricing means no surprise fees or hidden surcharges.

Rate changes

Face amount and/or term changes

Updates, revisions, or replacement of application questions within existing categories

Updates to the branding of the application experience (logos, colors, visual treatments)

Updates, additions, and modifications to forms and materials within the policy package (regulatory or carrier preference)

Updates to existing pre-sales and post-sales client communications

Modifications to product requests

Updates to products or product features as necessitated by regulation

IT issue resolution

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Why carriers choose Bestow

Life insurance technology that’s purpose-built for the entire policy lifecycle, with modern solutions that deliver on digital transformation.

Lightning fast speed to market

Launch new insurance products in 4-6 months. Make changes in days or weeks.

Modern and nimble API-first architecture

Built on modern, cloud-native technology, not retrofitted legacy software.

Intuitive sales flows and user experiences

Modern experiences that solve the biggest pain points of agents, underwriters, applicants, and other users.

Built for today’s distribution needs

Support hybrid distributions strategies including D2C and captive or independent agent journeys.

Helping top carriers innovate at speed.
See what real carrier partners are saying about working with Bestow.

"We love that you come with a perspective on what to do - we don't have to write 14-page requirements documents anymore because you come with solutions."

Director
Top 20 life carrier

“Bestow has proven that this industry can change. In just a few months, we’ve advanced a generation in the experience we can provide.”

Director
Top 20 life carrier

“This is the fastest project I have worked on in the last 20 years. Just a testament to how great our teams have worked together.”

Director of Product Management
Top 20 life carrier

What is Bestow, exactly?

Answers to the top questions we get asked by carriers.

What does Bestow do?

We’re the leading new business and administration technology partner for life insurance carriers looking to modernize efficiently and quickly. We support digital quote, illustration, and application journeys for customers and agents, offer a sophisticated underwriting engine and workbench interface, provide seamless payment, billing, and policy delivery services, and make administration a breeze with portal experiences for customers and support staff alike, as well as full TPA services trusted by top carriers. Our platform supports term life, final expense, IUL, and more — and can be implemented as a full end-to-end or modular solution. This gives carriers the flexibility to modernize in the way that makes sense for their unique needs.

Who is Bestow for?
  • Carriers looking to modernize parts or all of their business.
  • Carriers looking for more efficiency in their underwriting.
  • Carriers looking for easily-adoptable agent solutions.

If you’re working in acquisition or administration at a carrier, probably you!

Will I still have control over my underwriting decisions and risk tolerances?

Yes. You make all the rules, set all pricing, and retain all of your own branding from quote to admin.

What are the primary benefits of choosing Bestow?
  • Expedite growth by streamlining the purchase funnel and eliminating roadblocks.
  • Reduce acquisition costs via automation and digitization.
  • Unlock new audiences by meeting the modern customer where they are shopping - online.
  • Implement rapidly with white-labeled Bestow tech, going live in as little as 4 months.
  • Innovate efficiently with product changes in weeks and pricing changes in days.
Didn’t Bestow used to sell life insurance?

Yes, Bestow used to sell term life insurance directly to the consumer under the name Bestow Life Insurance Company, but sold that carrier to Sammons® Financial Group in 2024, who renamed it Lantern Insurance Company. Today, Bestow is a leading life insurance SaaS platform provider.

Where is my Bestow life insurance policy?

Sammons® Financial Group purchased Bestow Life Insurance Company in 2024. It was renamed Lantern Insurance Company. Your policy remains in force, and you can access your account here.