Holidays for salariat are rare and precious.
Imagine a Beijing family preparing for a seven-days trip to Sanya three months in advance. They spent a lot of money on flights and hotels booking. Approaching departures are told flights cancelled due to bad weather. Or their flight is normal,but the weather is too hot or rainy to affect the travel experience. In these cases they can buy travel insurance to hedge their risks.
Others don't think it's necessary to buy insurance against rare events. They think selling insurance is a good business. Okay they can play the role of insurance companies,inject capital into the contract,making a profit if the preset rare events does not occur.
This is a decentralized insurance product,no insurance companies participate.
Built With
- bolckchain
- chainlink
- parametric-insurance
- solidity
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