Tracking insurance policies across different providers can be a challenge. As policies often come in various formats and are spread out between insurers, employers, and banks, it’s easy to lose track of details like renewal dates, coverage amounts, and exclusions.
This blog post explains how CoverSure helps solve these issues by offering a simple, centralised way to track insurance policies in one place. If you’re overwhelmed by your insurance paperwork or unsure about the coverage you currently have, CoverSure can provide clarity and make managing your insurance hassle-free. Let’s understand how.
What Is CoverSure?
With CoverSure, you can
- Track and manage all your existing insurance policies in one place
- Understand the gaps and benefits in your policies
- Discover free coverages linked to your cards
- Make informed choices when buying insurance
- Understand your coverage requirements and risks
- Automate policy sharing with family
The Problem with Tracking Insurance Manually
Many people face common challenges when trying to track insurance manually:
- Scattered Documents: Policies are often stored in various places, emails, physical files, or in different apps.
- Missed Renewals: Without a central reminder system, it’s easy to forget when policies need renewal.
- Unknown Benefits: You might have benefits embedded in your credit cards or bundled with other products that you’re unaware of.
These issues create unnecessary confusion and risks. CoverSure addresses them by offering a central hub, an insurance platform, for all your insurance needs, making it easier to manage everything from a single app.
How CoverSure Helps You Track All Your Policies
CoverSure centralises your insurance information, making it easy to track and manage everything in one place. Here’s how it works:
- Policy Aggregation from Multiple Insurers: Easily add policies from different insurers to CoverSure in one click. The app automatically pulls in details like the policy type, sum insured, and expiration date.
- Automatic Organisation by Type: CoverSure categorises your policies, whether health, life, term, motor, or travel insurance, so you can quickly see all your coverage in one place.
- Visual Dashboard and Timeline View: A user-friendly dashboard displays all your policies in one view, and a timeline feature shows upcoming renewal dates, giving you an easy way to stay on top of your insurance.
- Manage Family Policies: CoverSure allows you to manage not just your policies but also your family’s insurance. You can easily track policies for your spouse, children, or extended family, ensuring everyone is covered with clear visibility on renewal dates and coverage details.
Supported Insurance Types
CoverSure supports all types of insurance: health, life, motor, home, travel, and more, ensuring that no matter your needs, you can track and manage your policies easily.
This coverage means you can keep track of all your policies through CoverSure, whether they’re personal or related to your family, or business.
Step-by-Step: How to Add Your Policies
Adding your insurance policies to CoverSure is simple and fast. Here’s how you can do it:
1. Manual Entry or Upload: You can manually enter policy details or upload scanned policy documents.
2. Auto-fetch from Emails or Digilocker: If you’ve received digital policy documents, CoverSure can automatically fetch them from your email or Digilocker.
CoverSure captures key details such as sum insured, maturity date, policy benefits, exclusions, and more to provide a complete overview.
Once added, CoverSure will store this data securely, providing you with easy access to all your policies.
Beyond Tracking: What Else Can You Do
CoverSure offers more than just policy tracking. Here are additional features to make managing your insurance even easier:
- Renewal Reminders: Get timely notifications so you never miss a renewal date.
- Gap Analysis: The Risk Calculator analyses your coverage and shows you where you might be underinsured.
- Sharing with Family: Easily share your policies with family members for easier access and peace of mind.
- Embedded Benefits Discovery: Use the Know Your Policy feature to discover additional benefits linked to your policies or credit cards.
- Buy Insurance at the Best Rates: CoverSure helps you find competitive insurance rates by offering access to multiple insurers. You can compare policies and choose the best coverage at the most affordable price.
Who Should Use CoverSure?
CoverSure is designed for anyone who wants to take control of their insurance in an organised and efficient way. The platform is ideal for:
- Young Professionals who are starting to build or rebuild their insurance portfolio.
- Families who need to track multiple policies for everyone in the household.
- Individuals with multiple life, health, and vehicle insurance policies, heavily invested in securing their future and well-being
- Business Owners who need to manage both personal and commercial insurance.
Data Privacy and Security
CoverSure takes your privacy seriously. We use encrypted data transmission and store your insurance documents in a secure, access-restricted system. You can be assured that your policy details are safe with us.
Read more about the privacy policy of CoverSure.
CoverSure for All Your Policies
Tracking all your insurance policies in one place is now possible with CoverSure. Whether you need a central hub for your existing policies, a system for discovering additional benefits, or a way to ensure you never miss a renewal, CoverSure makes managing insurance easy.
If you have more questions about your insurance policies or CoverSure, talk to our advisor.
FAQs
1. Can I track policies from different insurers?
Yes, CoverSure allows you to track policies from any insurer in one place.
2. Do I need to upload anything manually?
You can choose to upload documents manually or use auto-fetch features if your insurer supports it.
3. Will CoverSure suggest what policies I’m missing?
Yes, CoverSure’s Risk Calculator will highlight areas where your coverage may be lacking.
