CoverCompared is the world’s first platform offering crypto and traditional insurance products under one marketplace. We are a user-centric insurance aggregator, working towards optimising the experience of purchasing insurance — whether it be bought using fiat money or cryptocurrency.
The CoverCompared marketplace has three main features that make it unique from every other insurance provider in the market.
- Firstly, CoverCompared is an insurance aggregator that lists insurance products from different providers. The products offered include not only insurance covers for cryptocurrency but also Traditional Insurance. For instance, we have partnered with InsurAce and Nsure, who provide smart contract covers from crypto blockchains. However, we have also partnered with WishingWell who operate in the health insurance industry and offer Medical second opinions. Further, we have numerous other partners, operating in the traditional insurance realm, that are yet to be announced. Our marketplace will thus comprise a vast range of different products where almost any insurance need can be met.
- The second feature of CoverCompared is that we offer users the ability to compare and contrast different products before making a purchase. The option to compare multiple policies makes it easier for users to find and select the policy that is best suited to their personal needs.
- Lastly, CoverCompared is the first-ever marketplace to allow our users to purchase all insurance products (including traditional policies) through a host of cryptocurrencies, including our very own token $CVR.
To conclude, CoverCompared truly offers a one of a kind solution to crypto-insurance that cannot be found anywhere else in the market. We will soon bring about a newfound era of innovation in the insurance market and be the first platform of its kind to offer a democratic safety net to all.
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 for the crypto world.
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.