We provide simplified and affordable earthquake insurance that pays cash upfront within days of an earthquake to cover unanticipated business expenses, personal expenses and lifestyle costs.
We use Peak Ground Velocity (PGV) data from your nearest GeoNet sensor to measure earthquake intensity. You are eligible for a claim payment when the ground shaking hits 20cm/sec. This is the equivalent to a high magnitude 5 earthquake.
Having cash in the bank during a crisis helps fast track recovery. The full economic costs of recovery after an earthquake often far exceed your insurance payments and the money you need to recover from an earthquake is often a lot more than what you have saved away.
At Bounce, we believe everyone should have easy access to financial resources within days after a large earthquake.
Covering your additional costs of getting your family back on the road to recovery.
Reducing financial stress and strengthening your wellbeing programme by supporting your employees to recover from a large shake.
Supporting your business continuity and your balance sheet during a crisis with an upfront cash payment.
Sign-up for a low monthly price. When a large earthquake hits your location, you’ll receive an upfront cash payment. No complex claims processing, just the Bounce promise.
Conventional insurance is designed to cover significant loss, but Bounce is different. Our goal is to quickly cover your immediate needs—from childcare to loss of income and unexpected work expenses, and anything in between—after a quake. We do that by insuring you through a parametric approach. For a low monthly price, you’re covered whenever an earthquake hits your area. Our Bounce promise is an effortless pay-out within 5 days.
Immediate payout for individuals and households
Immediate payout for households and businesses
Immediate payout for businesses