Topic: [ANN] [IPL] InsurePal | Distributed social proof insurance - page 77. (Read 12685 times)
InsurePal is launching its first pilot in the UK — the heart of the $7.3 Trillion global insurance market. GLOBAL 7.3 TRILION ?? Wow if you get to 10% that will be awesome
seems you have designed this project well. good luck team..
InsurePal choice of media coverage is really PRO
Take a look and i think this is just the beginning
https://insurepal.io/media
seems you have designed this project well. good luck team..
Can Social Proof Change The World?
Social Proof has the potential to revolutionise the way we live our lives — from New Year’s Resolutions to Car Insurance. Do you ever make New Year’s Resolutions? How successful are they? You will not be alone if you admit that you struggle to stick with them. But there are things that you can do about it. Better Results with Social Proof One website claims that you can increase your chances of success by (i) adding a financial penalty if you break a resolution (ii) getting a referee who will objectively judge if you have met your goals (iii) involving other people to support you to meet the goal.
https://medium.com/insurepal-blog/can-social-proof-change-the-world-c916e4abb645
Social Proof has the potential to revolutionise the way we live our lives — from New Year’s Resolutions to Car Insurance. Do you ever make New Year’s Resolutions? How successful are they? You will not be alone if you admit that you struggle to stick with them. But there are things that you can do about it. Better Results with Social Proof One website claims that you can increase your chances of success by (i) adding a financial penalty if you break a resolution (ii) getting a referee who will objectively judge if you have met your goals (iii) involving other people to support you to meet the goal.
https://medium.com/insurepal-blog/can-social-proof-change-the-world-c916e4abb645
Launching in the UK in 2018, InsurePal car insurance is designed to make the UK’s roads safer and help safe drivers save money — all by means of Social Proof. Good thinking you do much better if you reward someone for their good things rather than punish someone for their bad things. Ofc. the big thing is to save some money too.
what do I need to get the insurance in InsurePal?
If you want to invest you need ETH, and then you participate in crowdsale and get tokens
For the team: Will there be any special instructions for newbies?
Thank you, FoxSilver
Yes, the team is preparing instructions and we will post is very soon. Here and on other social channels.
When instructions will be preppared?
We're aiming for this weekend to have instructions ready.
Hey everyone, for how long insurance is valid at InsurePal?
Hi, ole1.
Again, this is actually a crowdsale campaign for InsurePal social proof insurance, you can read more here https://insurepal.io/. The project is in development, in 2018 we will have a car insurance pilot in UK (check the roadmap https://insurepal.io/roadmap).
Please check the whitepaper https://insurepal.io/InsurePal_whitepaper.pdf.
Will it cover travel insurance too?
Hi. The InsurePal platform will act as a global provider of various insurance module based on social proof mechanics. So that means any insurance that would use social proof, could implement our platform. More on platform https://insurepal.io/platform and of course, check the whitepaper https://insurepal.io/InsurePal_whitepaper.pdf.
Will it cover travel insurance too?
what do I need to get the insurance in InsurePal?
read whitepaper dude
https://insurepal.io/InsurePal_whitepaper.pdf
Next generation insurance is here in the form of InsurePal. This insurance finds its foundation in social proof endorsements thus making the best use of blockchain in insurance field. All of this could be achieved through sheer hard work of professionals who bring with them years of experience along with masters in blockchain.
Such an amazing combination is beyond any doubt going to bring about a change that will break the norms usually seen. Another aspect that makes InsurePal one of the leading beings in the world of insurance crypto is that it is based on self - regulation; thereby there would not be any kind of requirement for a central institution.
Such an amazing combination is beyond any doubt going to bring about a change that will break the norms usually seen. Another aspect that makes InsurePal one of the leading beings in the world of insurance crypto is that it is based on self - regulation; thereby there would not be any kind of requirement for a central institution.
Hey everyone, for how long insurance is valid at InsurePal?
Look at whitepaper
what do I need to get the insurance in InsurePal?
If you want to invest you need ETH, and then you participate in crowdsale and get tokens
For the team: Will there be any special instructions for newbies?
Thank you, FoxSilver
Yes, the team is preparing instructions and we will post is very soon. Here and on other social channels.
When instructions will be preppared?
Hey everyone, for how long insurance is valid at InsurePal?
Eth is growing, how will you decide on number of tokens when ico starts? Will it depend on current eth price or will you decide how many tokens do you get for one eth?
The price will be calculated based on eth value on the day the crowdsale begins.
Fair play
wop wop thanks InsurePal! what do I need to get the insurance in InsurePal?
If you want to invest you need ETH, and then you participate in crowdsale and get tokens
For the team: Will there be any special instructions for newbies?
Thank you, FoxSilver
Yes, the team is preparing instructions and we will post is very soon. Here and on other social channels.
what do I need to get the insurance in InsurePal?
Hi, ole1.
This is actually a crowdsale campaign for InsurePal social proof insurance, you can read more here https://insurepal.io/. The project is in development, in 2018 we will have a car insurance pilot in UK (check the roadmap https://insurepal.io/roadmap).
what do I need to get the insurance in InsurePal?
If you want to invest you need ETH, and then you participate in crowdsale and get tokens
For the team: Will there be any special instructions for newbies?
what do I need to get the insurance in InsurePal?
Seems like a very interesting project, I've read the whitepaper and I'm truly a fan of your vision, I've encountered a project similar to this in the past but it turned out to be a scam so when it comes to projects that deal with insurance I'm quite nervous to take risks, but with this one I'm quite convinced to take part of this project. Knowing that this project has been around for three years, that's quite a good sign that you mean business here. I also do like the fact that you have this social proof feature, that's very unique and very new to the insurance industry and if you think about it, this approach could really be beneficial to a lot of users. It's really nice that this project is based on trust, it's a huge part of our everyday lives, with this project you can help your friends and through your help they can gain benefits as well, which is a win-win situation and can also bring people closer together. It's also a huge plus that endorsers will only get charged in case the person will file a fault claim so if they ended up not filing a fault claim then you can get tokens that's worth $100 for free so as an endorser and that's a huge benefit. Anyway I just have something to ask, what if the endorser decided to withdraw his/her endorsement is that possible? And is there a maximum number of endorsers a person can get?.
Hi. If endorser decides to withdraw, benefits are lost, of course, and in addition there might be penalty, as in case of claim. Maximum number of endorsers are limited to five.
Oh okay so who will be given the penalty? The endorser? The person whom the endorser endorse or both? And how much will be the penalty if ever something like that occurs?. That's great that you have set maximum limits, 5 is quite a good number and enough to help someone save a huge amount of money on his insurance anyway I'm quite not good with math so I just want to ask how much percent can a person save if ever he'll have 5 endorsers?. I'm also curious about this is there a maximum number of years a person can be an endorser for someone? And when will you go global with this project? I really think that this project can help people from all around the world save a lot of money on their insurance, I'm sure once this project will go global then it will be a total hit! A lot of people are having problems with their insurance nowadays and could really use the social proof feature to save some money.
Penalty will be agreed and part of smart contracts. But essentially both lose their money in contract is breached. More on platform here https://insurepal.io/platform.
There are no maximum number of years specified, it will depend on the insurance package... We'll have a car insurance pilot in 2018. https://insurepal.io/roadmap.
And yes, being a global actor is the goal.
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