INDIA P2P INSURANCE

INDIA PEER TO PEER INSURER

WHAT IS A P2P INSURANCE IN INDIA ?

In India, a P2P (Peer-to-Peer) insurance is by definition a platform where a number of Indian individuals collect their premiums to cover the risks they are facing by sharing them collectively in case a member of the this P2P risk sharing scheme is subject to damages.

In India, a peer-to-peer insurance is dedicated to present an alternative option to the Indian traditional insurers who are often reluctant to pay out in claims of Indian insured individuals which ends in legal conflicts.

In India, a P2P insurance presents a series of benefits particularly regarding the premium paid in the insurance scheme which are lower than the one required by Indian conventional insurances, this is mainly due the fact that peer-to-peer insurance don’t need fixed costs such administration and do not have a huge staff.

In India, a P2P insurance has also the advantage that insured people contribute to the management of this insurance and receive the excess of premium which hasn’t been spent to cover damages such as accidents.

PERSONAL LOAN    DEBT CONSOLIDATION   BUSINESS LOAN   MORTGAGE LOAN    STUDENT LOAN   ISLAMIC CAR LOAN   MEDICAL LOAN   BAD DEBT LOAN   LIST P2P SITES   HALAL START-UP    LOAN FOR WEDDING   FOR FARMER   FOR HOUSEWIFE   FOR UNEMPLOYED    FOR DISABLED   FOR POOR PEOPLE   FOR ELDERLY    P2P CAR SHARING   P2P INSURANCE   ISLAMIC P2P   P2P BITCOIN    POWER TRADING   P2P HOME SHARING   P2P PAYMENT   LOAN WITH BAD CIBIL SCORE   P2P CLOTHING RENTAL   P2P OFFICE RENTAL   LIST OF P2P LENDERS   LIST OF DIGITAL LENDERS   LIST BANNED LOAN APPS   P2P NAPPING   P2P DONATION   P2P CRYPTO LENDING