FlareInsure
The first decentralized marketplace for rainfall insurance
Protect your assets against rainfall risks with blockchain-powered parametric insurance
How It Works
Real-Time Data
Leveraging Flare Network's decentralized oracle for accurate rainfall data
Instant Coverage
Get protected immediately with automated smart contract policies
Automatic Payouts
Receive compensation automatically when rainfall thresholds are met
Transparent Risk
Clear terms and conditions with blockchain-verified execution
Create & Sell Insurance
FlareInsure is more than just a platform to buy insurance. Create and sell your own rainfall insurance contracts, set your terms, and earn premiums.
- ✓Set your own coverage amounts and premiums
- ✓Choose rainfall thresholds and locations
- ✓Earn returns on your capital
Example Contract
Coverage:1000 FLR
Premium:50 FLR
Rainfall Threshold:25mm
Duration:7 days