CITIZENS, INC. (CIA) Form 8-K — Oct 9, 2026
Citizens, Inc. entered into a Master SaaS Agreement with Bestow Agency LLC on October 5, 2026, to access Bestow's cloud-based platform for insurance processing, underwriting, and policy administration. The platform will white-label support digital sales of Citizens' final expense (simplified issue whole life) products issued by subsidiary CICA Life Insurance Company of America, letting appointed agents quote, apply, underwrite, sign and issue policies electronically. Implementation must be complete by December 15, 2026, with an initial term running through December 31, 2030; fees include a development fee, annual subscription, and per-application charges.
Key figures
- Renewal options
- two one-year terms
- Initial term end
- December 31, 2030
- Cica life licensing
- 43 U.S. states, Washington D.C. and Puerto Rico
- Implementation deadline
- December 15, 2026
- Platform availability sla
- 99.9% monthly with service credits
- Product schedule deadline
- March 31, 2027
AI analysis
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