How can they reach those unbanked ones?
The challenge here is reaching out those individuals.
And what kind of insurance are they going to implement here?
They will have different kind of insuranse as I know. They have partnership as with real big insurance companies (Like AXA - 100 billions euro marcetcap, partnership with ERGO - Blockchain-Empowered Flight Delay Insurance). Also they had partnership with NEM and QTUM (insure their wallets). You can talk in telegram with team (they have support 14 hours a day and even Val Yap answering some question there.)
PolicyPal partnership with PayPal as well (they was at PayPal incubator program). Have license from MAS (central Singapore bank), and many oter partnership (some of them you can check at whitepaper at page 36 and they have a lot of new).
You can check an update about using PAL tokens etc in this article:
https://medium.com/@policypalnet/policypal-network-business-update-2-may-2018-8141857239c1PAL listed to DDEX exchange todayhttps://twitter.com/PolicyPalNET/status/1005993656585580544And they have a small bounty in twitter:
https://twitter.com/PolicyPalNET/status/1006000091457441792And dont forget about Bibox vote:
https://www.bibox.com/votelist