Cryptoconsult - Thank you for your valid contribution.
Blockchain will make insurance more affordable, but not cheap. The idea behind using the token to discount insurance further is creating a greater value for token in the future. By maybe using a 'No-claims' annual token reward system, customers will have the benefit of then utilizing the token to discount their insurances
Two questions following your earlier response:
1. What has blockchain to do with affordability of Insurance?
2. How will tokens discount the insurance? Are you an insurance company or just a marketplace?
3. Can you elaborate further on tagging token to No-Claims reward? How will this work? Let's assume I purchased 100 tokens in your ICO. Now what all can I do with these tokens?