The Most Valuable Insurance You Can Have

The insurance sector exists because of two simple words: "what if?"

We're asked to imagine "what if" something happens - what do we do then? Yet this same "what if" question applies to insurers and underwriters too.

Consider this scenario:

A couple spends 20 years saving £500,000 to buy their home. They enjoy the next two decades spending their remaining £500,000 on holidays and raising a family. They plan to retire on their pension, which is just enough to cover their living expenses.

One night, lightning strikes a tree beside their house. Everything goes up in flames, leaving them without a home and no means to earn back what they've lost.

Fortunately, they have insurance.

But what equations drive the insurance model?

Let's say the insurance company has calculated that 1 in 2,500 houses will burn down every 40 years, with each house valued at £500,000.

If every household carries insurance, they must each pay £200 over that 40-year period for the insurer to accumulate enough funds to rebuild the destroyed home. (For simplicity, we're setting aside factors like inflation and property market fluctuations.)

However, insurers don't work for free. Operating costs might run £1,000,000 annually, with 5% dedicated to servicing these houses each year.

5% of £1,000,000 is £50,000 × 40 years = £2,000,000.

This £2 million must be distributed across all 2,500 households, adding £800 to each policy.

The original £200 has now become £1,000.

But insurers also seek profit, so let's add another £1,000.

Each household now pays £2,000 every 40 years – mathematically equivalent to insuring a house worth £5,000,000, ten times the actual value.

For every £1 of actual protection you need, traditional insurers often charge you £10.

The insurance principle:

Insurance works when the probability of a loss event + operational costs + profit margins results in monthly premiums small enough for people to pay while protecting them if they're among the unfortunate few who suffer losses.

This means insurance only becomes good value when something terrible happens.

So how can insurance ever be good value?

Insurance becomes valuable when the underlying asset is undervalued to such a degree that the combined cost of the undervalued asset + business operations + profit is less than the asset's true value.

Another factor is the cost of recovering that asset through traditional means.

Remedlex: Redefining insurance value

In Remedlex's case, what we offer is essentially "legal outcome insurance" – but with a fundamental difference from traditional insurance models.

The asset being recovered isn't just what was lost, but also time, stress, associated costs, emotional toll, opportunity costs, and our most precious commodity – time itself. Remarkably, our most valuable assets – mental and physical wellbeing – are rarely assigned proper value, which we believe is fundamentally unfair.

The legal system's flaw:

The world's most powerful investment funds, managing billions and trillions of dollars, are content with assets that return 5-10% annually (paying for their underlying value every 10-20 years). Yet law firms – always owned by the lawyers themselves – generate returns of 30%, 40%, 50%, or even 60% – up to 12 times what the world's most powerful funds achieve.

This explains why law firms typically bear their partners' names – they're owned by lawyers with vested interests in keeping legal assistance prices exorbitantly high, 12 times more than what the most sophisticated funds on earth consider reasonable.

How Remedlex Works: A Real-World Example

Imagine Sarah, whose insurance company has unfairly denied her business interruption claim worth £50,000. Traditional legal routes would require her to pay solicitors upwards of £15,000 with no guarantee of success, and the process could drag on for 18 months.

With Remedlex, Sarah pays a fraction of that cost. Our AI-powered system analyzes her policy, identifies the precise clauses that support her claim, assembles comprehensive documentation, and presents the insurer with such an airtight case that fighting it would cost them more than settling. Sarah receives her payout within 8 weeks, saving not just money but invaluable time and stress.

The Remedlex advantage:

Remedlex offers a service that outperforms traditional legal representation by providing a critically undervalued product. The AI revolution has enabled processes previously handled by lawyers to be executed accurately, faster, and with such thoroughness that laws regarding compensation for ALL losses are fully leveraged. This places offenders in a position where settling claims becomes cheaper than fighting in court – making Remedlex the only truly value-driven insurer in today's market.