$1,000 Grand Prize: Mitigating Risks to Vulnerable Populations

Freelancer Gig Insurance

Product Name:- Freelancer Gig Insurance

Populations that product/service would protect. If not obvious explain population vulnerabilities.

Freelancers without permanent job that rely on freelance websites like Freelancer, Upwork, Fiverr without regular income.

Impacts that the product/service would protect against.

Lack of regular work or gigs.

Irregular income from Feelancer

Lack of skills in the market - Skill... more »

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1 vote
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$1,000 Grand Prize: Mitigating Risks to Vulnerable Populations

Legal Representation & Support Assurance

1. Product Name: Legal Representation & Support Assurance

2. Populations it would protect: People whose low income and low net worth qualify them for representation by a public defender or a court-appointed lawyer in case of being charged with a crime. In the USA, to qualify for representation by a public defender, a person's income should be no more than 25% above the poverty line. In the USA, over 80% of people accused... more »

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1 vote
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$1,000 Grand Prize: Mitigating Risks to Vulnerable Populations

liquidity/cash crisis insurance

1. Product Name
Liquidity/Cash crisis Insurance
2. Populations that product/service would protect.
lower income group, middle income group etc. And possibly everyone, as anyone can go into a situation where he has less cash money to overcome a crisis situation.
3. Impacts that the product/service would protect against.
Protects/helps people when they are suddenly in a situation where a crisis of any kind, would require... more »

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2 votes
2 up votes
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Claim Delay Insurance

1. Claim Delay Insurance
2. Audience. Vulnerable populations that do not have resources to build back their lives or temporarily tide over a crisis while their insurance claims are under review at their insurer.
3. Impacts that the product/service would protect against. Procedural requirements in the claims review process, or delays in processing e.g. when an insurer is overwhelmed by multiple claims following a natural... more »

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3 votes
3 up votes
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$1,000 Grand Prize: Mitigating Risks to Vulnerable Populations

Health insurance

I am a dentist servicing the lower income group who often dont have money for treatment. I offer them discounts and land up extracting teeth when they could have been saved if they have the funds. This upsets me a lot. I would create a fund where they could put aside a small amount monthly to cover these costs.

I would then be willing to match their savings and offer discounts or cheaper treatments for them. If they... more »

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1 vote
1 up votes
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$1,000 Grand Prize: Mitigating Risks to Vulnerable Populations

DigiReputation Insurance

Product Name:- DigiReputation Insurance
Populations that product/service would protect. If not obvious explain population vulnerabilities.
Many people have fake news propagating about them or about their products or company which creates a lot of harm for their business and tarnish the reputation of the individuals.
Impacts that the product/service would protect against.

Protection from fake news about the insurer, his... more »

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1 vote
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Remote Worker Disruption Insurance helps lower income groups

1 Product Name: Remote Worker Disruption Insurance
2 Populations it would protect: All remote workers, but the lower income remote works are less able to afford disruption so this will help them the most.
3 Impacts this product / service will protect against: Help cover expenses if a storm or power outage prevents the remote worker from fulfilling their employer's work requirements. If a storm hits the area, the worker... more »

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1 vote
1 up votes
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$1,000 Grand Prize: Mitigating Risks to Vulnerable Populations

Emergency Childcare Insurance

1.Emergency Childcare Insurance
2. According to a recent US census there were about 15.76 million children living with a single mother in the United States, and about 3.23 million children living with a single father. Many of these single parents are dependent on childcare outside the home. When childcare becomes unexpectedly unavailable it can be detrimental to a parents ability to work. Not only does this effect single... more »

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2 votes
2 up votes
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$1,000 Grand Prize: Mitigating Risks to Vulnerable Populations

Large Home appliance repair insurance

1. Large Home Appliance Repair Insurance
2. First time & low income home owners
3. This would help first time & low income home owners be prepared for the eventual and often expensive breakdown of appliances such as heating, refrigerators, ovens etc. all essential to a families well being.
4. The breakdown of an expensive appliance in the home of an owner who was not prepared with funds to replace the a police would trigger... more »

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Interpreter Insurance

1. Interpreter insurance

2. Population that speak little English

3. This would protect this population from miscommunications in times when communication is crucial (ie. Being arrested or having to go to Emergency Room or getting into a car accident)

4. Arrest or other legal emergency, medical emergencies, weather emergencies

5. An interpreter of their mother tongue would be available via telephone

6. For those who... more »

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1 vote
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Eviction Insurance

An Eviction Insurance Policy would provide attorney services to fight eviction and if that's not possible, transition assistance for those forced to unexpectedly move. This sort of unexpected move is often forced upon low income communities as part of gentrification, and can result in whole community displacement and homelessness.

This would be triggered by a request from the landlord or master tenant for the resident... more »

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2 up votes
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Extended/ non-traditional family care insurance

1. Extended/ Non-Traditional Family Care insurance

2. Low income or financially vulnerable populations carrying the the main caregiver responsibilities for extended family such as grandparents/ aunts/ uncles who are not covered under traditional FMLA.

3. Will help protect individuals from debt/ job loss due to unexpected illness or injury of an exalted Ed family member not covered by traditional FMLA.

4. An Aunt, Uncle... more »

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1 vote
1 up votes
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Renter's Protector Insurance

Product Name: Renter's Protector (insurance via mobile app)
Populations it would protect: Lower income populations which are least likely to be insured and most likely to rent, also the most vulnerable to property crime, fire and other crises, such as a catastrophic hospital bills. This population is also most likely to utilize the Internet exclusively via a smartphone.
Impacts this product / service will protect against:... more »

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1 vote
1 up votes
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$1,000 Grand Prize: Mitigating Risks to Vulnerable Populations

Tuition Insurance

1. Product Name (__________ Insurance)

Tuition Insurance

2. Populations that product/service would protect. If not obvious explain population vulnerabilities.

On average, just 58 percent of students who started college in the fall of 2012 had earned any degree six years later, according to the National Student Clearinghouse Research Center. Low-income, first-gen, and students at for-profit four-year schools and two-year... more »

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2 votes
2 up votes
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$1,000 Grand Prize: Mitigating Risks to Vulnerable Populations

Digital Identity Insurance

Product Name: Digital Identity Insurance or Digital Life Defender
Populations that product/service would protect: This insurance is available to everyone but is most valuable to the broad spectrum of society most impacted by identity theft, hacking exploits, and unemployment fraud scams. Resolving any of these is a confusing and time-consuming process, where lower income populations lack a clear path for remediation and... more »

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1 vote
1 up votes
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