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.

No large upfront investment
No need to switch systems as you grow
Costs align with payment volume

Key Takeaways

No large platform fees
Small monthly infrastructure fee
Convenience fees applied to transactions
Full payment infrastructure included
Built for scalability

Next Steps

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