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Crowdfunding + Insurance w/ Lead Gen revenue model1-10 Employees
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Crowdfunding + Insurance w/ Lead Gen revenue model
KarmaCoverage (KC)
100% Client money used for Client Coverage

1. You have to shop for insurance, & do it with KC
2. KC gives you a phone #, and email. We never share your real info
3. Agents send quotes
4. We store data (calls, emails, docs) for your use if claim
5. Invite friends to KC, Larger network = You can Get & Give more coverage
6. A loss occurs, user tells their story. KC sends a Coverage Request to that user's network
7. The crowd decides "Thumbs up / down"
8. Each Thumbs Up = $5 is sent to the user w/ the loss from a friend in their network
9. KC doubles the $5

Avg FB user = 36,000 2nd degree

What $5...?
New user makes the $100 deposit, agreeing "I will look at max of 10 Requests year".

Loss..
Crowd decides up/dn
1 week to decide
Up = $5 from a friend

Based on % crowd approval, KC also sends...
% Crowd Up = KC Gives
5% = KC $2.5
10% = KC $3
20% = KC $3.5
30% = KC $4
40% = KC $4.5
50% = KC $5

It only costs you $100 to help 10 friends
or receive max $2500 coverage.
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