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Feb 2024 Billing Changes (Propel Upgrade)
Feb 2024 Billing Changes (Propel Upgrade)

Learn more about what the auto-upgrade to Propel means for you as a Launch subscriber.

Updated over 2 months ago

As of February 2024, SALT has updated our subscription offerings and billing procedures for Data Integrations. All SALT subscriptions were migrated into the following two options:

1. Propel -

  • Price: $199/mo

  • User Seats: 1-5

  • Submissions: 300/yr

2. Middle-Market -

  • Price: *Custom (Contact Sales for more info.)

  • User Seats: 6+

  • Submissions: 300+/yr


'Data as a Service' Billing Model

In July 2023, SALT introduced billing for data retrieved with submissions to ensure the platform's sustainability and future viability.

In February 2024, we enhanced our data billing approach by implementing a pre-purchase data credit system. This update allows SALT agencies to use their SALT Data Credits as needed, optimizing data acquisition for maximum agency efficiency.

SALT Plan Differences & Upgrades

The table below highlights the differences between the concluding Launch plan and the enhanced offerings under the ongoing Propel plan.

For those seeking a more tailored solution, our sales team can provide information on our *Custom plan to meet your specific needs.

Features

Launch

Propel

Middle-Market

Customize Question Text

☑️

☑️

State-specific Recommendations

☑️

☑️

Customize Rater Options

☑️

☑️

User Seats

1

5

6+

Submissions

300 / yr

300 / yr

500+ / yr

FAQs

What if my agency currently has more than five (5) users?

If your account had more than five (5) user seats before January 2024, we will honor that seat count billed at your current "per-seat" rate. Our Middle Market team can provide information on unlimited submissions and user seats with a custom underwriting session.

What if we use more than 300 submissions in a year?

Agencies may exceed Propel’s annual soft cap of 300 submissions. Submissions after 300 will begin utilizing data credits. Contact the sales team to discuss custom pricing if your annual submission count exceeds 500.


New & Enhanced Features

  • Customizable Question Text -

    Ability to customize the title and subtext within a question to better brand your agency's specific needs or recommendations.

    Options included are:

    • Text Formatting (bold, italic, strike)

    • Bulleted & Numbered Lists

  • State-specific Recommendations -

    Ability to dictate state-specific recommendations for your prospects within questions related to limits, deductibles, etc.

    The options that the agent chooses to include/exclude in the default "Nationwide set" will be used unless overridden by a "state options set" selected by the agent.

  • Customize Rater Options -

    Ability to customize and exclude certain options to better align with your specific needs and the comparative rater your agency is utilizing.

  • User Seats -

    Refers to the number of people within your agency that need access to SALT. If your agency needs more than the 5 user seats allocated within the Propel plan, contact sales to discuss the *Custom plan option.

  • Submissions -

    A SALT submission contains all of the information, documentation, and details pertaining to an individual's insurance request.

    A submission includes, but is not limited to:

    • Insured's Contact Info

    • Submission Details

    • Requested Lines of Business

    • Integration Data

    • Included Documents

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