The Significant Investors at Bestow

The Significant Investors at Bestow
Bestow is an insurance company based in Dallas, Texas, founded by Melbourne O'Banion and Jonathan Abelmann in 2016. The company provides individuals with life insurance policies under a partnership with other major insurers, such as the North American Company for Life and Health Insurance. According to Crunchbase, Bestow insurance company is currently in series C funding and has received total funding of $137.5 million (2022). Bestows, whose legal name is Bestow Inc, operates in the following industries; FinTech, insurance, Developer APIs and InsurTech (Crunchbase, 2022). Bestow Life Insurance can be reached through its official website, , or email [email protected].
Partners with Bestow buy APIs from Bestow to help them offer life insurance coverage to their customers. The significant investors at Bestow include Valar Ventures, Core Innovation Center, Breyer Capital, and New Enterprise Associates. Other investors include Morpheus Ventures and Sammons Financial. A life insurance policy helps individuals protect their loved ones if the insurance policy matures. Life Insurance also helps reduce anxiety created by financial constraints in the event of death.
Bestow came second in the list of best life insurance companies in the United States in the latest ranking. Bestow again ranked second among companies with the best no medical exam life insurance. Finally, Bestow insurance ranked second among best-term life insurance companies. The advantage of insuring yourself with Bestow Insurance is that it offers a simple online application. The effective online presence allows customers to get services everywhere without needing to visit their physical offices. Bestow also offers its customers fast quote and approval procedures that are incredibly convenient. A potential customer for Bestow is afforded a thirty-day trial period before they decide if they want to purchase a life insurance policy (U.S New, 2022). Finally, Bestow life insurance requires no medical exam for registration. Instead, Bestow looks at the customer's driving records, credit file, prescription history, or previous attempts to buy insurance. The above advantages have been the driving force the company has used to excel in the competitive market.
In addition, Bestow is the perfect choice for a customer looking for an affordable and solid term life insurance policy. Life insurance policies are between eighteen and sixty (Bestow, 2022). However, the customer can choose terms of ten, fifteen, twenty, twenty-five, or thirty years with low-end coverage amounts that range from fifty thousand to one-point-five million dollars. The insurance cost will depend on factors like an individual's health, age, gender, medical history, and family health history. Additional factors determining insurance costs include where the individual lives, hobbies, and general lifestyle.
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