For many people around the world, choosing insurance policies is a hard task, as there are many different benefits provided by each insurance company. The premiums as well as maturity period can be confusing even for the most educated individuals. As such, having a platform that simplifies this information is beneficial for users.

NeoInsured has created a platform that enlists insurance companies in Switzerland, breaking down their services and benefits so that users can have an easier decision making process. Users can download the App popularly known as neotralo, which has a big team of insurance experts helping them with pressing questions on insurance. All information is digitally communicated through the App and users can sign offers and contracts without leaving the comfort of their homes or offices.

By downloading the neotralo App, a user can skim through insurance policies, read the terms and benefits of each and access further information about their preferred insurance policy. Users can also switch from one insurance policy to another and calculate premiums based on the information provided on the App.

The neotralo App also provides updated information about the insurance sector in form of articles and smaller updates, keeping its customers educated.  To access more features, customers can sign a contract so they have faster support from the experts as well as earn rewards.

NeoInsured to incorporate blockchain technology

NeoInsured has been in operation in Switzerland and already boasts of more than 150 insurance companies and thousands of users. The platform is looking to expand to the blockchain space, leveraging the technology so it can offer more to its users.

Through this, it can offer a unique cashback rewards program that will allow users to earn incentives in the form of iNeo Coin. These can be further exchanged for fiat by owners. In future when the coin gains more value, users of the platform stand a chance to earn more by just participating in the platform.

With the success of NeoInsured, the vision is that incorporating the innovative blockchain technology will take the platform and App to another bigger level, as it will open it up to a bigger audience of insurance companies and users. Therefore, the opportunity for growth of NeoInsured and iNeo Coin are bigger.

The cashback reward program

The cashback reward program is available to all users who sign the contract on the App. This contract allows users full access to support on all insurance topics from the experts. The rewards will be stored in each user’s account until the user is ready to redeem them.

Users of the neotralo App can access comparison for various insurance options such as household content and liability, personal loans, company insurance, health insurance, life insurance, animal insurance and many more. Those who have signed the contract have quicker access to any additional data and clarification on their select topic.

The program is meant to encourage users to sign the contract as well as to reward those who do. There are more benefits associated with signing the contract as opposed to using the free App.