Samos Insurance

Samos Insurance

Affordable insurance protection for accidental death during elective surgeries, approved instantly online. Learn more
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DateInvestorsAmountRound

N/A

Seed

$3.0m

Early VC
Total FundingAUD4.6m

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Samos Insurance specializes in providing fast and affordable insurance protection for accidental death during elective surgeries. The company serves individuals who are undergoing scheduled medical procedures, such as cosmetic surgeries or cardiac valve replacements, and need quick and reliable coverage. Operating primarily in the Canadian market, Samos Insurance offers a streamlined digital platform where clients can apply for insurance in just five minutes and get approved instantly. The business model revolves around offering low-cost premiums, often less than CAD 100, which clients can pay online using credit or debit cards and sign digitally via DocuSign. Revenue is generated through the sale of these insurance policies, which are designed to alleviate the financial burden on families in the event of a death during elective surgery. Samos Insurance also emphasizes data privacy and compliance with Canadian privacy laws, ensuring that personal information is collected, used, and shared only for disclosed purposes related to their services.

Keywords: elective surgery, insurance protection, accidental death, digital platform, quick approval, low-cost premiums, Canadian market, data privacy, financial burden, online application.