Just as in every day life, accidents do happen. Such accidents may come in form of fire, theft, death, car accidents and other unfortunate mishaps. It is therefore very important that there is a cushion to assist accident victims when these unfortunate accidents do occur. Often, a veritable fall back position for accident victims is the insurance. However, a regular insurance company is highly motivated by profit.
A co-operative insurance combines human face with its urge to make profit. That is why CoopXchange believes that people in the Co-operative movement will feel more at home with an insurance company from among their own when compared with the option of taking insurance from a 'shylock' company. This segment handles all insurance activities of members, cutting across the insurance of homes, automobiles, businesses, life, etc.