Everything around us is getting expensive with each passing day. There are enormous ways to secure your future but experts say one of the best and lifesaving is getting insurance. Not everybody among us can afford those expensive ones. Behind the scenes in the insurance world prices can be vastly different. Bank N26 was the first mobile bank back in 2013 founded by Valentin Stalf and Maximilian Tayenthal and launched its first products in 2015. Today N26 has more than 7 million customers across 25 markets.
Now the mobile bank N26 has launched its first digital insurance policy. They are introducing their insurance plans for German customers which will be covering private liability insurance, home insurance, life insurance, pet insurance, bike, and electronics insurance. They intend to cover more areas in the future. You can get access to these insurance plans easily through a mobile app and website.
The Co-founder and CEO Valentin Stalf at N26 said, “When it comes to insurance, customers today still have to contend with complex and outdated processes and paperwork. Space has long been ripe for disruption and we are now offering a one-stop digital solution for our customer’s insurance needs.”
The bank is executing these insurance plans in collaboration with Simplesurance, one of the leading insurtech companies in Europe. Customers can select their required insurance plan directly from the app as they have several different plans with a flexible cancellation policy.
The bank is launching its phone insurance policy today. If you buy an expensive mobile phone you have to pay more money for insurance but N26 has your back and through it, you can pay the money annually so it lets you save your money too. Moreover, this plan will also be covering theft and accidental coverage.
Smartphone insurance comes with N26 Metal and N26 Business metal. Prices start from £6 a month depending on the original value of the smartphone. Currently, this insurance plan is available in Germany only but they are planning to roll out their insurance products in more countries across Europe. So your new insurance plan is just a few taps away you should give it a try.