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Friendsurance

Insurance, Germany, Berlin

Revolutionizing the insurance industry through peer-to-peer solutions and cutting-edge technology, Friendsurance offers innovative digital insurance products for a seamless customer experience.

About Friendsurance

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
Germany
Official Website
http://www.friendsurance.de
Location Address Official Phone Email
Germany Germany, Berlin **** ****
LinkedIn https://linkedin.com/company/**** Get In Touch With Decision Makers
Facebook https://facebook.com/**** Get In Touch With Decision Makers
Instagram https://instagram.com/**** Get In Touch With Decision Makers
X (Twitter) https://x.com/**** Get In Touch With Decision Makers
YouTube https://youtube.com/**** Get In Touch With Decision Makers

FAQs – Friendsurance

Are vaccinations and preventative care covered by pet insurance?

Most pet insurance plans do not cover vaccinations, routine check-ups, or preventative care, as they are considered wellness services. However, some insurers may offer wellness packages for an additional cost.


What happens if I surrender my whole life insurance policy?

If surrendered, the policyholder receives the cash surrender value, which is the cash value minus surrender fees. The policy will be terminated, and any gains may be subject to taxes.


What services are not included in the out-of-pocket maximum?

Non-covered services, cosmetic procedures, out-of-network charges (in some cases), and balance billing amounts do not count toward the out-of-pocket maximum.


Does AI reduce human error in underwriting and claims processing?

Yes, AI reduces human error by automating repetitive tasks, analyzing data more efficiently, and providing consistent decision-making based on data. This helps avoid mistakes that can occur due to fatigue or bias in manual processing.


How do consumer protection laws prevent discrimination in insurance policies?

Laws prohibit insurers from unfairly using factors like race, gender, or disability to deny coverage, inflate premiums, or impose restrictive policy conditions.


Does crop insurance cover market price fluctuations?

Some policies, like revenue-based insurance, cover price fluctuations. If market prices drop below a guaranteed level, farmers receive compensation. However, not all policies include this feature.


Can I increase my liability coverage?

Yes, you can increase your liability limits beyond state minimums. Higher limits protect your assets and reduce out-of-pocket costs if you're involved in a serious accident.


What is an insurance policy exclusion?

Exclusions are specific conditions, risks, or situations not covered by an insurance policy, such as intentional damage, certain natural disasters, or pre-existing conditions.


Comprehensive Market Research

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