Real Insurance

Real Insurance is a trading name in Australia of Greenstone Financial Services Pty Ltd (GFS) which acts as the retail agent of The Hollard Insurance Company Pty Ltd for the distribution of a range of its general insurance products, including pet insurance, home and contents, and motor insurance.[1] It also distributes a range of life insurance products underwritten by Hannover Life Re of Australasia Ltd, including life insurance, funeral insurance, income protection insurance and bill insurance.[2]

Products

Under the Real Insurance brand, Hollard issues and/or distributes the following types of insurance products:[1]

  • Bike
  • Bill Cover
  • Car
  • Funeral
  • Home and Contents
  • Income Protection
  • Life
  • Pet
  • Travel

Pay-as-you-drive insurance

In 2008, Real Insurance was the first insurance company to offer pay-as-you-drive (PAYD) insurance in Australia, whereby the car insurance premium is reduced for drivers with low kilometres usage.[3] Such drivers can specify in advance the number of kilometres they plan to drive, in return for reduced premiums.[3] Setting the maximum number of kilometres at the start of the policy eliminates the privacy issues inherent in other types of usage-based car insurance, which may require drivers to have a monitoring device installed to track the kilometres they drive.[4]

gollark: Your definition of software is a wrong, surface-level view.
gollark: I say "programs" because there are a few background daemons running for various random tasks.
gollark: This is software. It's programs running within an (emulated) CC computer.
gollark: I don't have Minecraft open, RAM use and all, but I can show you a screenshot from an *emulator*.
gollark: As someone who has written thousands of lines of (dubiously useful) code for ingame computers, no u.

References
  1. "Real Insurance". Retrieved 28 April 2014.
  2. "Hannover Life Re of Australasia Limited". Retrieved 28 April 2014.
  3. "Hollard's Real Insurance Rolls Out World's First "Trust-based" Pay Only As You Drive Product Using Exigen Insurance Solutions". Retrieved 28 April 2014.
  4. Paefgen, Johannes; Staake, Thorsten; Thiesse, Frederic (2012). "Resolving the Misalignment between Consumer Privacy Concerns and Ubiquitous IS Design: The Case of Usage-based Insurance". International Conference on Information Systems (ICIS).
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