Best Rate Guarantee Offer

CoverRight wants you to have confidence that you're receiving access to the lowest insurance rate in the market when you purchase your Medicare Supplement with a insurer on the CoverRight Website.

To demonstrate the confidence we have in the rates on our site, we will pay you $200 (“Best Rate Reward”) if (1) after receiving pre-qualified insurance options for a Medicare Supplement insurance provider from CoverRight; (2) you receive an offer with a Better Rate (defined below) from a insurer that is not on the CoverRight Website; and (3) you purchase your Medicare Supplement insurance with that insurer at a lower monthly premium with a “Similar Insurance Offer” (defined below), all subject to the CoverRight Best Rate Guarantee Terms and Conditions set forth below.

Important Highlights

These are a few important details to know, but make sure to read the full Terms and Conditions below to ensure you understand and follow the requirements of this Promotion.

• Only Medicare Supplement offers are eligible for the Best Rate Guarantee;
• The Better Rate must be received and submitted to CoverRight within 10 days after receiving prequalified rates on CoverRight;
• The Better Rate must be from a Medicare Supplement insurer that is not a insurance provider CoverRight works with;
• The Better Rate must be for an offer of insurance that is based on the same information submitted to CoverRight and for a Similar Insurance Offer;
• After closing with the insurance provider that offered you the Better Rate, you will have 7 days to submit to CoverRight proof of insurance being bound
• You will then need to provide evidence within 5 business days of your policy going into effect ; and
• The Better Rate will be compared against your prequalified offer

How To Make Claim

Read the Claims Process that is contained in Section 5 of the Best Rate Guarantee Terms and Conditions below. Then, take a moment to fill out our Best Rate Guarantee claim form. Once submitted, we’ll begin processing your claim.

CoverRight Best Rate Guarantee Terms and Conditions

The following terms and conditions (“Terms”) relate to the CoverRight Inc.’s (“CoverRight”) “Best Rate Guarantee” promotion (the “Promotion”). By participating in the Promotion, you (“you” or Participant”) represent and warrant that you have read and agree to these Terms, as well as CoverRight’s Terms of Use and Privacy Policy. Capitalized terms, unless defined herein, shall take their meaning from the Terms of Use and Privacy Policy. CoverRight reserves the right to modify or amend the Promotion at any time without prior notice. If we amend these Terms, we will post the modification on the “CoverRight Website” (at coverright.com), which Terms are effective upon posting. Continued participation in the Promotion after any amendment will constitute consent to such Terms. Claims will be processed in accordance with the Terms in effect on the date a Claim is made.

1. Eligibility Period

The Promotion commences on May 1, 2023 until otherwise discontinued or amended by CoverRight (“Eligibility Period”).

2. Eligible Participant

In order to be eligible for the Promotion (an “Eligible Participant”) you must:

i. Meet CoverRight’s eligibility requirements to use the CoverRight Service as set forth in CoverRight’s Terms of Use and you must comply with CoverRight’s Terms of Use and Privacy Policy;

ii. Receive your prequalified insurance rate options from CoverRight prior to commencing your application for a Medicare Supplement insurance with a insurer that is the subject of your Claim (defined below);

iii. Produce evidence of a Better Rate (defined below) for a Similar Insurance Offer (defined below) in accordance with the “Claims Process” (defined below) specified in these Terms;

iv. Receive, and submit to CoverRight, the Better Rate for a Similar Insurance Type no more than 10 days after you received your prequalified insurance rates with CoverRight (“10 Day Period”);

v. Submit the same information to CoverRight to receive the prequalified insurance options as you did the insuranrerthat is the subject of the Claim (defined below). Examples of the information that must be the same are as follows (this is not an all-inclusive list): insurance amount, personal details, health information. You will be required to submit evidence that the information for the requests were the same upon request by CoverRight.

vii. Be the primary borrower. Meaning, in cases of co-signed insurance requests, only the primary borrower is eligible for the Best Rate Reward.

3. Similar Insurance Offer

A “Similar Insurance Offer” is (i) a insurance offer from a insurance provider not currently contracted with CoverRight at the time you requested prequalified rates for a insurance with CoverRight (“Other Insurer”); (ii) for which you have received an offer of insurance(i.e. you have passed underwriting with the insurer and been offered insurance and a set price) during the Eligibility Period (“Offer”); and (iii) and the Offer consisted of a better monthly premium(“Better Rate”) with the same health information provided to CoverRight.

A ‘Prequalified Rate’ means the lowest bindable offer of insurance after having passed underwriting with one of CoverRight’s contracted carriers.

The measure of comparison for a Better Rate shall be the insurance’s monthly premium compared to the lowest prequalified insurance offer provided to you by CoverRight. ACH/autopay discounts will be considered as part of the comparison. Loyalty discounts will not be considered.

The insurance must be for:

a.The same insurance term as the comparable insurance product that you were pre-qualified for with CoverRight (“Same Term”); and

b.  Based on the same health information as the pre-qualified option you received on with CoverRight (“Rate Type”);

4. Excluded Offers

i. One-time or special promotional Offers; and

ii. Offers which are not available to the general public

5. Claims Process

To Claim your Best Rate Reward you must:

Email hello@coverright.com within ten (10) days of receiving your prequalified options from one or more insurers on the CoverRight Website (setting forth that you meet the eligibility requirements herein; and

Email us proof of the insurance purchase with within seven (7) days of the date the insurance being bought Email us proof that the policy went into effect within five (5) days of the insurance policy activating.

Upon review of the Claim and the determination that you have met all eligibility requirements, CoverRight will contact you to arrange payment of your Best Rate Reward.

6. Communications about the Promotion

All communications relating to the guarantee claim must be made in writing to: hello@coverright.com

7. All Decisions are Final

CoverRight reserves the right to request additional information to confirm your eligibility and the veracity of all Claims and you agree to provide such information as a condition of participation in the Promotion. All decisions regarding eligibility and any other determination of issues relating to the Promotion are at the sole and absolute determination of CoverRight, which are final and binding.

8. Relationship

Your participation in the Promotion is solely as an independent contractor. Neither you nor CoverRight intend to establish an employment relationship and you are not entitled to any benefits.

9. Severability

If any provision in these Terms is held to be invalid, void, or unenforceable, such provision (or the part of it that is making it invalid, void or unenforceable) will be struck and shall not affect the validity of and enforceability of the remaining provisions.

10. Termination

CoverRight reserves the right to modify, suspend, or terminate the Promotion or a Participant’s ability to participate in the Promotion at any time and for any reason, without prior notice.

To activate your guarantee, please contact hello@coverright.com