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Understanding Policy Coverage: What’s Included in Demo Insurance?

When it comes to insurance, one of the most important things to understand is what your policy actually covers. In real life, that can be complicated — but demo insurance provides a safe way to explore different coverage types and learn how insurance really works.

On Insur Policy, users can simulate a wide range of policy types using FDK demo tokens, provided by the New Reality ecosystem. All simulations take place within a secure sandbox environment, accessible via NewReality.club.


🧾 What Does Demo Coverage Include?

While the policies on Insur Policy are not legally binding and involve no real funds, they are modeled after real-world insurance products, such as:

  • Health & Life Coverage
    Simulate policies for medical expenses, accidents, and life insurance scenarios.

  • Travel Insurance
    Experience how travel coverage works — from lost luggage to trip cancellations.

  • Vehicle Protection
    Test what it’s like to insure a car or motorcycle, including simulated incidents and claims.

  • Home & Property
    Virtually insure your home, gadgets, or other belongings and submit test claims.

These demo policies allow users to understand deductibles, policy limits, claim evaluations, and more.


📌 What’s Not Included?

Demo insurance does not:

  • Cover real-life incidents

  • Provide financial compensation

  • Connect to real-world providers or claims systems

  • Store or require personal identification or payment data

Remember: Everything you do is within a fully simulated ecosystem, and all operations use FDK demo tokens only.


🎓 Who Should Explore Demo Coverage?

  • First-time insurance buyers who want to understand how it works

  • Fintech developers testing embedded insurance flows

  • Educators and students learning about digital finance and risk management

  • Crypto-curious users exploring how tokenized insurance might look in Web3

Whether you're curious about modern insurance or building the next insurtech startup, this platform is for you.


🚀 Powered by New Reality

Insur Policy is part of the “Million Opportunities” program, an initiative from the New Reality platform to showcase digital tools and Web3-ready services.

Learn more about the platform and how to participate at newreality.bond


🔍 Ready to explore your first virtual policy?
Visit Insur Policy and try it for yourself — no cost, no risk, and fully educational.


Published:
  • 05 Mar 2025

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