Are you looking for an alternative method of highly personalized insurance? Here’s everything you need to about P2P insurance and how it can help you protect the things you value most through innovative risk sharing. 

Peer-to-Peer (P2P) insurance is an innovative form of self-insurance that is rapidly gaining popularity due to an available technology basis. This type of risk sharing entails a network of people who agree to cover similar risks by creating a financial pool.


P2P has many benefits, including:

  • It doesn’t require any traditional intermediaries
  • Any money left over at the end of the coverage period is refunded
  • There is less likelihood of fraud
  • You are in complete control of the insurance process

Insurance That Works In Your Favor

Unlike with traditional forms of insurance, Besure’s platform offers a risk-sharing and protection service that takes care of you and everything you hold dear. With our P2P risk sharing platform, you have complete control over the process and you’ll be able to participate directly in personalised self-insurance that guards you against life’s setbacks.





P2P and Self Insurance

Besure utilises the concept of P2P insurance and strives to create a platform that allows individuals to pool their capital, self-organize, and self-administer their own insurance.


The goal

The goal of peer to peer insurance is to have a set of like-minded people with mutual interests group their insurance policies together to gain control, trust, and transparency while reducing costs.


When Should a Person Self-Insure?

A person should self-insure when they have enough money to cover a loss of income, loss of personal property or they can afford to pay the costs related to certain expenses on their own by using their savings or other cash available.


To understand if you can self-insure something, you need to ask yourself the following questions:

  • What will be the financial impact on your life if you lose something?
  • Do you have the means to comfortably take care of the situation, your property, yourself, or your family?
  • Where will you get the money to cover the loss?


How Besure Helps You Successfully Self-Insure

If you want to self-insure, but you aren’t sure if you have the funds, then you may want to consider joining a Besure pool. A Besure pool is a gathering of resources created and owned by you, together with friends, family members, and peers, all of whom are looking to self-insure against a common risk.


How It Works

Each Besure pool is made up of like-minded individuals who have the same passions and values, and who are looking to protect themselves against the same loss or event.

Here’s how it works:

  • You decide as a group what you want to protect, whether it’s your cellphone, pet, or valuable musical instrument.
  • The group determines how you will benefit from the protection.
  • You set up the terms of your policy (i.e how much do you want to pay and how much do you want to protect)
  • If there are enough people interested in pooling together for this particular interest, then the pool will activate and you’ll be protected for the term agreed upon.




Call Today

To find out more about how Besure helps you successfully insure and protect your most valuable items, contact us at 403-460-6961 or fill out our online contact form.

Contact Us

Questions? Comments? Call us today at 403-768-3525 or fill out the form below


Join Besure