Frequently Asked Questions

Your financial data is safe and secure. We are doing the following to ensure that

1) Your data is stored encrypted, most secure platform and is it India

2) Even Bsure employees can't access your important financial data

3) We promise to not sell your data to any party (unlike any other company who takes your data)

4) This is one of the reason we charge. As we would never want to compromise on data security

5) The data you store in our platform are not enough to do any financial fraud. We never ask for any password or OTP

6) If you still don't believe us, don't store your data. Just store the information with us about whereabouts of your financial information which your family can understand. We will pass it on

7) Want to suggest something on data security. Send your suggestions to suggestions@bsure.live

A nudge is when the user wants Bsure to track their health and well being. A user who has purchased nudge plan will be getting notification, calls from Bsure time to time to know about his/her status. If the user isn't responding to the nudge, Bsure will contact the nominees for the status of user. In case of any untoward incident to the user, Bsure will share all asset information to the nominees.

There are 2 kind of companies in this world:  Bsure will always be the 2nd kind

1) Companies who offer services for free: Are the people who sell your personal information to other companies and get money out of you.  

2) Companies who charge a fee to give a service: They charge for the service they offer and don’t want to play around with your personal data

Here are the list of things Bsure does

1) Store your asset details in a secure platform

2) Tracks your wellbeing and nudge you time to time to know your status

3) Shares the asset details to your family members at unfortunate events

4) Can help your family to get the assets transferred to your name 

1) Ensure to fill all the columns of asset details

2) It is highly recommended to put the folio number, bank account no, policy number 

3) We also recommend to attach a copy of the policy/bank statement in Bsure.live 

4) Ensure to fill the legal name of the nominees We recommend to attach a copy of identity proof of the nominees 

You can decide any person as your nominee. Please note that the nominee you have selected may have rights over your properties and asset details eventually. In normal cases users nominate their spouse, kids and parents as nominees. 

Yes. A minor can be a nominee. But make sure to  appoint a guardian with high morals and who can able to ensure that the money is passed on to the minor child once he/she is eligible. 

The asset information can be shared with the nominee in following conditions  

1) Loss of life of the user : Bsure will ask for the details on loss of life (death certificate and validate the same from user mobile, email)  

2) Other Exigencies: User have encountered life threatening disease and a proof of the same is provided to Bsure.live, the validation from user is successful

Yes. The subscription fees for the nudge feature has to be paid every year. If the subscription isn't paid, we won't be able to nudge. Alternatively, we can pay the subscription fee for multiple years at once. You also have an option to take lifetime nudge feature.

We will not spam. Period. We will not even call anyone to take our products. We will only call, message your contact or you to your family in a fixed interval to know your well being.

In most of the cases, the nominees mentioned on the will have a claim over the nominees mentioned on the investments/bank accounts.

In normal circumstances, the latest registered “will” precedes all the previous wills.