CoverCompared partners with Protect4Less!

CoverCompared
3 min readDec 8, 2021

The expansion continues…

We are ecstatic to introduce Protect4Less as our next official partner at CoverCompared. While most of our partners currently operate in the realms of life, travel, health and cryptocurrency insurance, Protect4Less allows you to buy unmatched device protection benefits for mobile phones, tablets, laptops and other electronic devices. Protect4Less’s insurance products are insured by some of the biggest players in the industry and the insurance protocols offered by CoverCompared will be backed by these multinational insurers such as AXA, Swiss Re, Arch Re, and more.

CoverCompared, previously known as PolkaCover, is breaking boundaries in the insurance industry and as we onboard yet another partner. We are constantly widening our service offerings to ensure we cover all the potential insurance needs of people.

The CoverCompared x Protect4Less Partnership

Joining CoverCompared as an innovative insurance partner is Protect4Less that offers electronic device protection. Protect4Less disrupts the conventional protection marketplace by offering solutions that cater to everybody. Their mission is to be a global brand with values that place affordability, flexibility, and convenience at the heart of all their products. Some of the key damages covered by Protect4Less Device Protection include:

  • Accidental damage
  • Mechanical or electrical failures
  • Theft by forced entry

Protect4Less offers device protection in over 32 different countries including most of the MEA region. This partnership will give CoverCompared users the ability to buy electronic device insurance using cryptocurrencies. Simultaneously, the Protect4Less community will gain visibility and wider market coverage by being integrated into the Cover Compared marketplace.

The benefits do not stop here. This partnership will entail further optimization of services and user experiences. In addition to a wide range of policies available, the future of our platform will also include an AI based claims management system that will ensure submitted claims are prioritized and dealt with instantly.

CoverCompared is the future

In an era where digitalization is peaking in every regard and cryptocurrencies are gradually becoming more established in the global landscape of currencies, the need to establish a gateway for added security on investments is more than ever. CoverCompared is the way forward.

With the emergence of cryptocurrency and rising digitalization, the need for added security on investments is more than ever. As we continue to break down barriers set within the conventional industry of insurance, this partnership only strengthens our goal to expand our service offerings to users. We aim to reach the pinnacle of revolutionizing the DeFi industry while keeping our communities’ needs as our top priority.

Moreover, as crypto is gradually becoming more universally accepted in the global landscape of currencies, it is important that companies are well equipped to accept crypto payments. CoverCompared accepts crypto payments for all insurance products sold, and we hence believe we will continue to experience sustainable growth as a pioneer in the world of cryptocurrency insurance.

About CoverCompared:

CoverCompared is the First DeFi insurance marketplace for the global crypto ecosystem. We aim to lower transactional and administrative costs of insurance policies and coverage while providing high-value, cost-effective insurance products bought using a host of cryptocurrencies.

Our platform will be connecting users with multinational insurance providers for all global insurance products such as crypto-related protection, health, life, and travel policies. The platform will include a frictionless insurance marketplace experience that incorporates next-generation blockchain technology and tokenized incentives.

Social Media: Twitter | Medium | Telegram | Github

About Protect4Less:

Protect4Less is an insure-tech brand owned by Zayn Holding Ltd and offered in partnership with AXA, Swiss Re and Arch Re. Protect4Less works with a network of service providers, distributors and channel partners to provide and fulfill some of the most innovative and affordable Protection solutions anywhere.

Social Media: Instagram |Twitter | Facebook

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CoverCompared

The First DeFi Insurance marketplace for the global crypto ecosystem