What:
No Worries is a Swedish startup and insurance broker that covers housing costs, car expenses, or other daily expenses under the tagline “No Worries – I Sleep Well.”
Why:
No Worries has insurance that provides compensation if someone loses his or her job or are on sick leave for a longer period of time for health reasons. The insurance works as a supplement to the basic benefits that the person receives from e.g., unemployment insurance fund, income insurance etc.
How:
- No Worries offers four types of unemployment coverages:
- “Shelter” helps with rent and utility payments.
- “Ring Surf Ring” covers mobile costs.
- “Never Stop Scrolling” is for car-related costs such as gas, new tires, or paying for leasing.
- “Quality of life” covers clothes, food, and “treats”.
- Customers can choose to have up to 12 months of coverage and must have insurance 180 days before they receive information about dismissal and at least 30 days in the event of sick leave.