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Insurance is negative NPV. Trying to make it NPV neutral by giving people tools to self-insure. Starting with an app that lets you self-insure your phone with friends and family.

https://apps.apple.com/us/app/open-insure-self-insurance/id6...



This is cool. I'm interested in reading more on this concept. Any chance you have a write up of experiences so far? Or can you point to other resources?


This is interesting, it this an experiment or planning to make it real? What markets is it targeting?


It’s real, my friends and I all pay premiums every month, we’ve put aside $1100 so far. Work on it nights and weekends with one of my fellow policy holders. Feedback would be super appreciated.


Interesting approach. How would you make money?


Love this, signing my family up now. Absolutely hate apple care




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