CoverSure and Jupiter to offer smart risk assessment

CoverSure has partnered with Jupiter to make risk-based insurance assessment a part of everyday financial planning.

This collaboration integrates CoverSure’s scientific Risk Calculator into Jupiter’s ecosystem, offering users an innovative tool that quickly evaluates personal risk profiles and recommends suitable insurance coverage.

The calculator analyses over 25 real-world factors, including family setup, lifestyle habits, cost of care, and environmental risks, to generate a tailored risk score and suggest an ideal insurance amount, all in under a minute.

The idea behind this partnership stems from a shared belief that understanding personal risk is the missing link between wealth creation and wealth protection.

For users navigating their savings, investments, and spending via Jupiter, this tool adds a crucial layer of protection insight, helping them guard their futures with the same clarity they apply to wealth building.

Saurabh Vijayvergia, Founder and CEO, CoverSure, emphasised the intent behind the initiative, stating, “Insurance done right starts with measuring risk, not selling products. Bringing our assessment engine to Jupiter means millions more Indians will get that clarity upfront, moving us closer to a country where everyone is sure of their insurance. We are excited to extend our mission of ‘Insurance for All’ through this partnership.”

Chinmay Jain, Director – Insurance and PPI at Jupiter, echoed the sentiment, saying, “At Jupiter, we’ve always been committed to enabling financial wellness. Our alliance with CoverSure gives our users access to smart risk assessment tools, helping them make confident, informed choices about protection, just as they do with their savings and investments.”

Founded in January 2023, CoverSure is a next-generation insurance platform that positions itself as a consumer-first service, helping users navigate policies with ease, uncover hidden benefits, and fill critical coverage gaps.

With over 5 lakh users already on board, the platform focuses on transparency, education, and proactive insurance planning.

Jupiter, launched in 2019 by FinTech entrepreneur Jitendra Gupta, is one of India’s leading digital money platforms offering a suite of services across banking, investing, and now insurance.

The platform is backed by marquee investors including Peak XV, Matrix Partners, QED Investors, and Tiger Global.

With this collaboration, both companies aim to make insurance an accessible and proactive part of every Indian’s financial journey, empowering users to live, plan, and protect with confidence.

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