BESTOW* Charge (What It Is + Is It Legit?)
✓ LegitimateThe "BESTOW*" charge is from Bestow. Bestow term life insurance monthly premium.
Bestow
Bestow term life insurance monthly premium.
Category
Insurance
Avg. Charge
Variable
Country
US
Billing Cycle
Monthly
Cancel At
app.bestow.com/customer/login
Support
1-833-300-0603
Why does this charge appear?
When Bestow processes monthly life insurance premium payments, the charge shows up on your bank statement as "BESTOW*" because their payment system appends an asterisk to the company name as a delimiter, which is a common convention used by billing processors to separate the merchant identifier from any additional transaction detail that may follow. The asterisk format is typical of payment gateways that handle subscription-based billing, where the truncated descriptor "BESTOW*" is what gets transmitted through the card network to your bank rather than the full company name. If you enrolled in a Bestow term life insurance policy and are being billed on a monthly cycle, this descriptor confirms the charge is your legitimate premium payment.
What should you do?
Confirm Your Bestow Policy
Log in to your Bestow account at app.bestow.com/customer/login to verify that the BESTOW* charge matches your active term life insurance policy and that the premium amount on your statement aligns with your current coverage plan.
Check Your Bestow Premium Schedule
Inside your Bestow account dashboard, review your billing history and payment schedule to confirm the BESTOW* charge was expected for this billing cycle and that no duplicate or unexpected charges have been applied.
Contact Bestow Support If Amounts Don't Match
If the BESTOW* charge amount differs from what your Bestow policy documents state, reach out to Bestow directly through bestow.com to report the discrepancy and request a detailed billing explanation before assuming the charge is fraudulent.
Manage or Cancel Your Bestow Coverage
If you no longer want the term life insurance policy generating the BESTOW* charge, visit app.bestow.com/customer/login to review your cancellation options, keeping in mind that canceling will terminate your life insurance coverage through Bestow.
Is this charge fraudulent?
No, this is a legitimate charge from Bestow. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.
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