Health word startup Alan adds life word | TechCrunch

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French startup Alan launched a code new full-stack health word last year. This week, a association is rising corporate-owned life word so that it can turn a one-stop emporium for all your corporate word needs.

When Alan launched a health word product, it was a initial new one in France in decades. The life word marketplace has remained low for years as well.

This time, Alan didn’t get a possess permit to launch a life insurance. Instead, a association is relying on a categorical investor’s license, CNP Assurances. But clients are going to adore a fact that they’ll usually have to understanding with one word association for both their health skeleton and life word plans.

Compared to many competitors, Alan doesn’t close we into a long-term contract. When we pointer up, a association tells we what you’re going to compensate and we know for certain that it’s going to sojourn a same for during slightest a year. But if we wish to switch to a new provider, Alan isn’t going to stop you.

The monthly cost of Alan’s life word depends on a salary. But we can design to compensate €17 for a €2,000 sum salary, €26 for €3,000, €39 for €4,000, etc. Then your employees are going to be lonesome if they have a vital collision during work. Alan is going to take caring of their families if they die.

According to Alan CEO Jean­-Charles Samuelian, a association didn’t design that there would be a lot of direct for this product. But it turns out that many of their clients wish to facilitate their word contracts by centralizing all with one word company.

Alan operates as a complicated web use for this product too. You can send papers regulating your smartphone and compensate online. Employees get their possess dashboard. Alan automates all a paperwork for your accountants and sends information directly to your payroll provider.

Once again, it sounds simple though many word companies destroy to yield this turn of user experience. And it’s a outrageous business event as health word alone represents $40 billion (€35 billion) while life word is a $17 billion marketplace (€15 million).

Tags: #Insurance Life