PolkaCover Partners With Nsure Network

The integration will help protect both our communities and help build a better risk portfolio.

With this partnership, PolkaCover welcome more exciting products onboard to our marketplace. This will also include insurance products for the following cases:

— Loss of crypto due to exchange hack
— Stop-loss Insurance against volatile price drops in crypto markets
— Loss of crypto due to a phishing attack
— Loss of crypto due to Wallet Hack
— Loss of crypto due token going bankrupt/project abandoned
— Loss of crypto due to mobile/Laptop/storage damage
— Loss of crypto due to exchange going bankrupt

About PolkaCover

PolkaCover 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.

PolkaCover 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.

About Nsure Network

Nsure Network is a decentralized insurance platform offering a marketplace to trade risk between individuals and entities wishing to outsource their risk exposure to those willing to underwrite them. It is modeled after the Lloyd’s of London marketplace, a global venue for trading risk. Nsure decentralizes and automates the process, allowing anyone to commit their capital and do their part in securing DeFi protocols. A dynamic pricing model determines premiums. Capital mining is implemented to ensure the capital required to back the risks at any point in time.

➡️Source:
https://polkacover.medium.com/polkacover-partners-with-nsure-network-5556067e78e0