Microinsurance

Software from RealXS is provided free of charge for insurance products that fall under the heading : micro insurance.

This is how Team RealXS aims to demonstrate that effective insurance products can be offered and processed at minimal cost.

Insurance products are not yet a common good in developing countries.

Because micro insurance products are intended to provide basic coverage at minimal premium, it is crucial that the cost of distribution and processing is only a small part of the premium. And therefore, more money is left for providing an adequate insurance product.

Because Team RealXS has paid maximum attention to transparency and efficiency, the chances of unlawful appropriation of premium funds are minimised.
An adequate audit of the financial records is sufficient if one wishes to obtain assurance on the utilisation of premium funds and benefits.

Micro Insurance : free licence
The insurance market in the developing world is still in its infancy.
This is why we do not charge any licence fees for Micro Insurance insurance products that legal insurers wish to offer there.
Team RealXS thus wants to contribute to the success of such initiatives.