PeerCover is the only peer-to-peer insurance provider in New Zealand. PeerCover allows the customers to form a peer group to cover excesses across a range of products in general, health and some life insurance products from different insurance providers. They can withdraw money at anytime. If the Peer Group has made one or more claim, the amount one can take out is reduced proportionally. If the group hasn’t made any claims, they can get their full deposit back.
PRODUCTS & SERVICES:
Crowdfunding Cover - pools in funds from peers and donates them in case of an unwanted incident
Viewable by subscribers only
PRIMARY PROBLEM SOLVED:
Provide funding for many expenses not covered by primary insurance such as Co-pay, waiting-periods, deductibles, excesses, (sub)limit, warranties.