Is insurance redundant?
With SocialHedge you can create any kind of rare-event financial risk shield with your crowd-powered SocialHedgers – efficiently in one place.
Think of SocialHedge as real peer-to-peer crowd insurance – unlike conventional P2P insurance, there are no insurers.
SocialHedge creates insurance-like protection minus the many negatives.
No underwriters
No brokers
No underwriters
No brokers
No hidden fees
No privacy intrusions
No reneg clauses
No conflicted assessors
No hidden fees
No privacy intrusions
No reneg clauses
No conflicted assessors
You pay Fees only for what did happen after it happens.
Instead of inflated upfront insurance premiums for what might happen.
SocialHedge has no pooled funds – this means big cost savings, and no centralized default risk.
SocialHedge creates fair value risk protection.
HedgeFee (premium) payments automatically match HedgeClaim (claim) payments – that’s vastly more efficient than industrial age insurance which sucks in billions more than it gives back.
Join an existing HedgeCrowd or start a new HedgeCrowd, define the risk types then invite all to join and Hedge the big risks.
Yes, conventional insurance is now redundant for the SocialHedge crowd.
