InsurePal Review – Is This A Good Opportunity Or Big Scam?
InsurePal has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling InsurePal.
I have simply gathered for you all the facts in this InsurePal Review in order for you to make a proper decision about it.
So, is it true? Is InsurePal a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is InsurePal?
InsurePal has been making a lot of headlines in the MLM space recently, and as such, I figured now would be a good time to see just what all the commotion is about.
At its core, InsurePal is a new company that’s offering social proof insurance. This is backed and run using blockchain technology, and that’s the same system used to power most all cryptocurrencies — including bitcoin.
InsurePal was founded by CEO Matt Peterman and Tom Volk, with Peterman having worked in the insurance and venture capital industries for 15 years. Along with his time at InsurePal, Matt is also a business developer at insurance company Salviol Ltd.
As for Tom Volk, he previously founded Adacta Group — a business that creates system for insurance companies. Entities in Russia and the EU have used systems made by Adacta, and the company pulls in a yearly revenue of 25 million EUR with a network of 450 people across seven different countries.
What Are The Products For InsurePal?
Like I mentioned above, InsurePal operates as a social proof insurance company.
Essentially, people buy insurance from other people rather than from a company.
It can be a little confusing to understand at first, so here’s a quick breakdown of how everything works.
You’re in the market to buy car insurance, and you haven’t been involved in an accident for years. The insurance you want costs $1000/year, but you found an offer on InsurePal that costs only $600/year for the same coverage.
In order to purchase the plan, you’ll need to get someone to endorse you for your driving habits. The person endorses you with their credit card information, and once this goes through, they get a credit for $100 IPL tokens.
These IPL tokens were launched by InsurePal this past January, and this is the main way that affiliates for the company make money.
What Is The Compensation Plan For InsurePal?
Going back to those tokens, InsurePal is using these as an ICO — or initial coin offering. You can purchase the tokens directly, and as you can see from the example above, earn them as you endorse people for the insurance plans they’re after.
As you acquire more and more tokens, you can potentially earn more as they rise in value.
InsureCoin currently has a minimum goal of $5 million for the tokens, with its hard cap currently set at $18 million.
What’s Does It Cost To Join InsurePal?
If you’d like to join InsurePal, you can buy a plan from the company’s website.
Is InsurePal A Scam?
Have you heard from a friend that InsurePal is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about InsurePal – is it a scam or legit?
Good news – InsurePal is not a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
InsurePal Review Conclusion
InsurePal is one of the most unique opportunities I’ve seen in some time, and for folks that are tired of the same old same old, that’s a great thing.
There’s’ a lot going on with InsurePal, and while I can’t guarantee you’ll make a killing, but there is a chance to make some decent extra money here.
The minds behind InsurePal seem like they know what they’re doing, and it’ll be incredibly interesting to see where the company goes a few months from now.
If you’re interested, feel free to give this one a shot.
I sure hope that you have found my InsurePal review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my InsurePal review to have all the information for you.
If you decide to carry forward with InsurePal, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.