To get your started, here is a quick run through of how you can set up your first insurance policy to track in Teleskop.
The steps are:
1: From the "What's Next" menu in the bottom left: select "Add Assets"
2: From the menu of choices, select "Insurance"
3: Fill the form with the required information.
Required Fields are:
Insurer
Plan Name (this will show in your overview list)
Insurance type (used to categorise and group)
All other fields are optional.
Coverage Value:
This is the amount that policy pays out in the event of a covered event.
This is not included in your total net worth, since the payout is linked to conditions.
Investment Value:
This amount is included in your total net worth.
It is the current market value or surrender value of the policy.
4: After adding the insurance policy, here is the completed overview:
