Our first step into health insurance!

CoverCompared
3 min readSep 30, 2021

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CoverCompared is growing rapidly…

Following partnerships with Nsure and InsurAce who offer protection against smart contract vulnerabilities and custodian risk of wallets, CoverCompared is taking it one step further and is now venturing into the realm of health insurance. Our platform will now offer Medical Second Opinion (MSO) products for users where they can choose from a wide range of different MSO insurance packages based on their needs.

We are constantly growing and expanding our platform to ensure that CoverCompared offers users products that are of the highest quality and meet every possible insurance need in the crypto market. We are going to be the first ever platform where health insurance can be bought using cryptocurrencies!

What is MSO?

Our first foray into health insurance entails the inclusion of Medical Second Opinion products on our platform. MSO provides second opinions from some of the most qualified medical experts from a consortium of top hospitals internationally. This group of medical institutions all form part of the World Class Doctors Network. Moreover, the success rate of MSO is quite high — 65% of MSO’s actually result in a change of treatment plans.

When a user wants to subscribe for an MSO product, they gain the opportunity to get secondary medical opinions from any expert in this network. World Class Doctors have operations in 57 countries and are backed by over 25 years of MSO experience. The network comprises over 20,000 physicians and doctors working at some of the most highly prestigious medical institutions globally. These institutions include:

- Boston Children’s Hospital

- Brigham and Women’s Hospital

- Massachusetts General Hospital

- NHS King’s College Hospital

- Jefferson Health

- Johns Hopkins Medicine

- Harvard Medical School

- Eberhard Karls Universitat Tubingen

- Parkway Hospital

- and 5 more…

Apart from being a niche product that is not inherently widely available, the MSO products offered have been designed to make them as affordable as possible for every user. MSO products may be bought through a membership plan and not individual consultations. The reason behind this is to minimize costs for people as individual consultations are prohibitively more expensive. The integration of MSO onto CoverCompared has been extensively researched to ensure we are offering our users the most affordable and highest quality health insurance products.

CoverCompared is the way forward!

In addition to providing insurance protocols for cryptocurrencies, CoverCompared is now officially becoming a health insurance marketplace as well. However, this is still just the beginning. We have been working extremely hard to establish new partnerships with insurance providers in different industries. We have numerous new partners in life insurance, device protection, travel and more, all ready to be integrated into our CoverCompared platform. We are not only a marketplace for crypto insurance protocols but also a global insurance aggregator for traditional insurance.

In addition to building a bridge between the crypto and the actual world, we are the first-ever insurance aggregator where cryptocurrencies can be used to purchase traditional insurance products. As we further develop our platform and expand our network, we will continue to experience sustainable growth as a pioneer in the world of cryptocurrency insurance.

About PolkaCover:

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.

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CoverCompared
CoverCompared

Written by CoverCompared

The First DeFi Insurance marketplace for the global crypto ecosystem