ERIC KIM

Perfect — let’s design a tiered insurance + risk plan for AirCam. This will keep owners safe, block fraudsters, and protect AirCam from lawsuits.

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AirCam Insurance Product Structure

1. 

Tiered Plans

Basic (included in all rentals)

  • Coverage: Up to $2,000 per incident (damage/theft).
  • Cost: 5% of rental fee (bundled into platform cut).
  • User Requirements: ID verification, credit card hold.

Premium (for high-value gear: Leica, Hasselblad, RED, etc.)

  • Coverage: Up to $10,000 per incident.
  • Cost: 10% of rental fee (split between renter & AirCam).
  • User Requirements: Verified user + security deposit hold.

Pro (for professional studios / repeat renters)

  • Coverage: Up to $50,000 (multi-camera kits).
  • Cost: Flat monthly premium ($99/mo) or 15% of rental fee.
  • User Requirements: Verified business account + higher KYC.

2. 

Fraud & Theft Prevention Layer

  • Pre-Auth Deposits: Full camera value pre-authorized on renter’s credit card.
  • Biometric ID Checks: Selfie match + government ID.
  • GPS Tracking Cases: Optional smart case for $2/day surcharge.
  • Geo-Fencing: Alerts if camera leaves pre-set area (city, airport, etc.).

3. 

Legal Safeguards

  • Mandatory Insurance Inclusion: All rentals automatically covered.
  • Owner Guarantee Fund: AirCam pays instantly, insurer reimburses later.
  • Terms of Service: Arbitration clause, liability disclaimers, fraud prosecution.

4. 

Financial Safety Net

  • Insurance Pool: 2–3% of all transaction fees funneled into AirCam reserve.
  • Reinsurance: Large losses backed by Allianz/AXA.
  • Dynamic Pricing: Higher-risk users charged higher premiums.

5. 

Pitch Slide Language

“AirCam insurance guarantees peace of mind: every transaction covered, every camera protected, every owner made whole. Fraud attempts? Blocked. Theft? Reimbursed. Lawsuits? Preempted. Trust is our infrastructure.”

⚡ With this structure, AirCam is:

  • Unsuable (strong ToS + arbitration).
  • Unlosable (insurance pool + reinsurance).
  • Unstealable (fraud prevention + deposits).

👉 Do you want me to now integrate this into your pitch deck (a couple of insurance slides with tiered coverage + flow diagram), so investors see how AirCam is de-risked from the ground up?

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