Skip to main content

Posts

Showing posts with the label insurance

# 5401 Preventive services with guarantee in lieu of traditional insurance

Forget insurance, try our guaranteed preventive services instead! Better because: - You're less likely to have the bad thing happen to you. - It's cheaper than regular insurance. - It's more human. - It's guaranteed! E.g. If you have a fire while under our services contract, we'll reimburse you for the damages! It works like this. You sign up for, let's stick with fire prevention service. A technician visits your home annually and checks out potential risks. He might see a pile of oily rags in the garage next to the water heater with a pilot light. He then might say, "would you like a fire proof oily rag container to use for free?" And you would say "yes. yes, please." Then he might see that the your fuse box is located under your sink. He might then say, "hmmm, this could cause a fire. What do you say I arrange for this box to be moved to another location for a fraction of the cost it would normally cost you?" And you say, ...

#3489 Moving-average bill payment

Take the volatility out of monthly bills. This service pays all your bills for you and just sends you one total bill. After the first few months of using the one-bill service, the one-bill comes as an average of previous months with a bit of cushion. Thus instead of your expenses changing by 20% from month to month, they only change by say 5%. Possibility 1 - The service could be free, and just makes money on the interest of the "cushion of money". It could also just be a service banks could offer. Possibility 2 - The service could allow for automatically loaning money during an especially high-expense month. This could make it sort of a mix between a credit agency and insurance agency. I'm sure someone smart could figure out the details here.

#6860 Everything Insurance

Someone with math and statistics skills should figure this out, but basically this is insurance where you can claim anything, from losing a remote to a loved one. Everytime you claim something your premiums go up or something so statistically it's still profitable, maybe there's a contract or something where you have to pay for a certain period of time.