Booking Cancellation Insurance Smart Contract

[Cyrus32]

Hi - Is there any interest in trip cancellation insurance to protect hosts from loss revenue due to weather or other events?  We are building a low cost product which escrows premiums on the Ethereum network and is only released based on relevant weather and related real-world data.  Thanks! Cyrus 

[Sarah977]

@Cyrus32  Are you talking about hosts purchasing insurance for guest cancellations? If so, why would a host do that? It's the guests who should be purchasing travel insurance. 

[Cyrus32]

Hosts offering it to guests and sharing in the community pool.

[Sarah977]

@Cyrus32  Well, maybe some other hosts would understand what you are talking about, but I don't. Sharing in the community pool of what? How?

If guests want to purchase travel insurance, they will. Why would they buy it from the host if they can buy it anywhere else? 

I'm not interested in selling my guests anything. I'm in the hosting business, not the insurance business.

[Cyrus32]

Insurance is just an escrow.