Pricing
For MGAs, wholesalers, and carriers
CoverPay is built to align with how insurance payments actually work. There are no large platform fees for MGAs, wholesalers, or carriers. Pricing is designed around usage, with a small infrastructure fee and convenience fees applied at the transaction level.
Simple, Aligned Pricing Model
CoverPay pricing is designed to remove friction for insurance organizations.
Instead, pricing aligns with payment usage and infrastructure.
Platform Access
For MGAs, wholesalers, and carriers:
This provides full access to payment workflows without high fixed costs.
Transaction-Based Pricing
End customers (insureds) pay a convenience fee on transactions.
This keeps platform costs low for insurance organizations.
What Is Included
All pricing tiers include full infrastructure.
There are no separate modules or add-ons.
What Makes This Different
Most platforms charge for access and limit functionality. CoverPay provides full capability from day one.
This is not a payment tool. It is full infrastructure.
No Hidden Operational Costs
Traditional systems create hidden costs:
CoverPay eliminates these through automation
Who This Pricing Works Best For
Transparent and Scalable
Pricing scales with usage.