Karma insurance does things differently by striving for simplicity, accessibility an transparency

Country: Canada

Year: 2016

Concept

  • Karma Insurance sets out to make insurance shopping for Canadians simple, easily accessible, and transparent, so that they can get the coverage they really need.
  • Karma is addressing today’s digital-first reality and making the insurance shopping experience more transparent and accessible, as well as less intrusive and time consuming.
  • Partnered with Aurrea Signature, the team brings over 18 years of experience in the insurance industry and is wholeheartedly dedicated to helping ensure that Canadians have easy access to protection plans from Canada’s leading insurance companies.

Consumer Benefits

  • Save money: Compare quotes on a simple online platform. Assess your needs, calculate your coverage, and compare life insurance plans that are tailored to your lifestyle
  • Save Time: Go completely paperless- apply online using your e-signature, and finalise your purchase with experts in no time. Karma Insurance makes life insurance hassle-free
  • Personalized Advice: No incomprehensible jargon. No in-house visits. Just a genuine team of certified caring salaried insurance experts with your best interest at heart.

How to use

  • The application is available on Smartphones ( Android and Apple) and as a desktop app
  • Potential customers apply by filling out a personalized application and based on the responses, are provided a quote based on the insurance type of their choosing
  • Customers are then eligible to purchase insurance