OasisOasis
Get started

Public Coverage Summary

Clear boundaries. No hidden terms.

Oasis provides deterministic payouts for parametric income loss. When objective disruptions strike your primary zone, you get paid. Review what affects your coverage below.

What we cover

Loss of income when objective parametric triggers fire for your registered zone during an active weekly policy.

  • Extreme weather (Heavy rain, Heatwaves)
  • Severe gridlock (Abnormal traffic congestion)
  • Social disruptions (Curfews, civil unrest)
  • Real-time verified zone triggers

What we explicitly exclude

Oasis is pure parametric income protection. It is not health, life, accident, or motor cover.

  • Health, medical bills, or hospitalization
  • Loss of life or personal accident compensation
  • Vehicle repair, damage, or theft
  • Epidemic, pandemic, or disease-led restrictions — unless a separate weather, traffic, or news-verified trigger still fires for your zone
  • War, invasion, civil war, rebellion, military or usurped power
  • Nuclear radiation or contamination, and terrorism or sabotage (unless the policy is specifically endorsed for terrorism)
  • Cyber outages or grid failures, unless an insured peril in the full wording is still satisfied by published third-party data
  • App suspensions, voluntary time off, or events outside your registered primary zone
  • Double recovery if another policy or government scheme already paid you for the same loss
  • GPS spoofed or fraudulent locations

Frequently asked questions

How fast do I get paid?↓
Instantly. Once a parametric trigger fires in your zone, you have 48 hours to confirm your physical presence in the app (the Verification Window). The moment your GPS is verified, the payout is credited to your wallet.
What defines a 'traffic gridlock'?↓
We use third-party APIs (like TomTom) to monitor traffic speeds across your zone. If the average speed drops to less than 50% of the normal free-flow speed for a sustained period, the trigger automatically fires.
Can I claim if my vehicle breaks down?↓
No. Oasis only covers external disruptions affecting your entire zone (like weather or curfews). We do not cover individual circumstances like vehicle breakdowns, accidents, or illness.
Do I need to submit receipts or photos?↓
Usually, no. Because the system is parametric, payouts are triggered by third-party data. You only need to verify your GPS location. In rare cases (like localized flooding), you can submit a self-report with a photo, which is corroborated by our AI.
Does a pandemic lockdown count as a covered disruption?↓
Generally no: income loss that is mainly due to disease-related restrictions, quarantine, or public-health emergencies is excluded. If an independent trigger in your zone still fires — for example severe weather or verified curfew signals that meet the parametric thresholds — coverage follows the full policy wording, not the reason headlines give for staying home.
Are war or terrorism events covered?↓
No. Standard exclusions apply for war, invasion, military power, nuclear radiation, and terrorism unless the insurer later offers a specific endorsement. Oasis is designed for weather, traffic, and civil-disruption indices, not conflict or terror perils.

Actuarial Reserves & Reinsurance Overview

Oasis operates on a strictly deterministic pricing model. Weekly premiums include a core technical reserve load in the pricing engine designed to account for tail volatility and verification lag.

Weekly plan caps inherently limit the maximum exposure density per rider. At portfolio scale, Oasis mitigates systemic correlation using quota-share reinsurance and catastrophe excess-of-loss treaties for overlapping weather or civil-disruption events. Full legal wording is available in section §10 of the internal policy document.

Get covered todaySign in to view full Policy Documents →