Insurance¶
Space for insurance products where a user can choose insurance products.
Insurance products have two main parts: - Management part: insurance product configuration and description - Financial Blockchain part: auditable contracts with money movements and policies details.
Successful insurance flow¶
- A user selects insurance product.
- Read the details, terms, conditions, contract about the product and if everything acceptable continues further.
- Follow device pairing instructions.
- Our services will check device properties, compare them with contract rules and if the device is valid DRAFT policy with calculated price will be created.
- If the policy details are acceptable User can pay and activate the policy, or delete if it is not acceptable.
Successful claim flow¶
- A user selects active policy.
- Follow device claim instructions
- Our services will check device properties, compare them with contract rules and if the device is claimable change policy status to Claimable
- User Claims his payout and payout will be withdrawn to his wallet.