Missing trust in your mobile phone insurance provider shall no longer be an issue. Thanks to the peer-to-peer approach of their product "Cobertoo", Freshurance brings sharing economy and full transparency into the game: Policyholders pay a one-time membership fee of EUR 10 and monthly premia for the insured mobile phone, dependent on the exact model. Freshurance receives the membership fee and 25% of the premium. The remaining 75% of the premia are paid into a pot, out of which claims are paid. 75% of the sum that remains in the pot after claim settlements is returned to the policyholder in the form of a classic cash back, while the other 25% are donated to NGOs with charitable purposes. The entire insurance process, including claims settlement, is handled digitally. Cobertoo combines sustainability and social responsibility alike.
