Nsure Network — The FIRST insurance protocol to integrate with Cover Compared
It is time to welcome a new chapter.
We are beyond thrilled to introduce Nsure Network as our FIRST insurer partner on Cover Compared.
Nsure Network is a transparent crypto-insurance marketplace that offers Smart Contract Covers and facilitates trading insurance risks as a commodity. Additionally, Nsure gives users a chance to outsource risk and become risk-takers, capital providers, governance actors, and system auditors.
What is a Smart Contract?
In layman’s terms, Smart Contracts are self-executing, business automation applications that run on a decentralized network such as blockchain. The applications facilitate governance and remove administrative overheads.
A Smart Contract is easily susceptible to ambitious hackers who look deeper into every line of code to find bugs to exploit, thus highlighting a strong need for Smart Contract Covers.
Why Cover Compared?
Cover Compared is the missing link in the crypto-insurance ecosystem.
We want to give users all the control while purchasing insurance,
It is the founding principle of Cover Compared.
Users can compare and evaluate the comprehensive product outlined in a simplified way.
Our streamlined process makes it easy for users to choose the best-suited policy for their needs. Cover Compared gives complete transparency on all lines of insurance products listed, be they someone looking to insure their traditional assets or someone looking to secure their crypto funds, all with the option of paying in a host of cryptocurrencies.
We simplify the traditional insurance process and offer immediate foresight to the users helping them be well-informed before purchasing the cover.
The benefits don’t just end there!
Our users will be assisted by our AI-based Claim Management System, ensuring that every claim submitted by the user is given utmost priority and immediate attention.
Just with a click of a button, users can submit their claims, and we will offer them a seamless claims management experience!
Our dApp is almost ready to launch, and we would like to thank our community for all the incredible support shown to us as we develop the framework for the world’s first DeFi insurance marketplace. The support has been an integral part of PolkaCover’s growth and momentum in the crypto space.
Exciting times ahead!!
PolkaCover 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.