Vehicle Insurance Modes

Safe-Park Mode
When a vehicle is parked off-road in a secured area (e.g., garage or driveway), the insurance switches from comprehensive or fully comp to a reduced coverage that primarily focuses on theft or vandalism.

Low-Risk Driving Mode
Automatically activated during low-risk driving situations, such as driving at lower speeds on local roads, or during favorable weather conditions. This could reduce the premium for the time the driver is in this mode.

Night Mode
For users who park their vehicles overnight and want lower coverage during off-hours, except for risks like theft. This could also be geo-fenced, based on where the vehicle is parked.

Idle Mode
When the vehicle is not in use for an extended period (e.g., vacations, ex-pats, etc), reducing the coverage to basic fire, theft, and vandalism.

High-Risk Driving Mode
Activated in situations where the vehicle is being used in high-risk activities, such as off-road driving or racing. This could automatically increase coverage and premiums, protecting both the driver and the insurer.

Urban Driving Mode
For driving in congested urban areas, where the risk of minor accidents is higher, the system could switch to a coverage level optimized for city traffic.

Home and Property Insurance Modes

Vacation Mode
When the homeowner is away for a prolonged period, this mode offers reduced coverage for certain aspects, like personal liability or accidents, while maintaining protection against theft, water damage, or fire.

Home-Occupancy Mode
When the home is occupied, the policy adjusts to cover a wider range of risks, including personal accidents, liability, and higher levels of theft and damage protection.

Low-Risk Mode
Triggered by home security systems or smart home devices, this mode reduces coverage when security measures like alarms, cameras, or smart locks are actively engaged.

Remote Work Mode
With the rise of remote work, this mode could adjust personal liability and property damage coverage based on increased home use during working hours.

Renovation Mode
Activated when the property is undergoing renovations, offering temporary increased coverage for accidents or damages that may occur due to construction work.

Commercial Insurance Modes

Operational Mode

During normal business hours, this mode would cover the full spectrum of risks associated with a business’s daily operations, from liability to property damage.

Off-Hours Mode
When a business is closed or not operating, coverage reduces to essential elements like fire, theft, and vandalism, saving on costs when activity is low.

Seasonal Mode
For seasonal businesses, such as tourist attractions or farms, this mode adjusts coverage based on the level of business activity, pausing or reducing coverage during off-seasons.

High-Risk Operation Mode
In industries like manufacturing or construction, this mode increases coverage during higher-risk operations, such as machinery use or chemical handling.

Cyber Risk Mode
For businesses operating online, this mode can automatically increase coverage for cyber threats when sensitive data is accessed or during peak activity hours.

Travel Insurance Modes

In-Transit Mode
Activated while a person is actively traveling, providing full coverage for medical emergencies, travel delays, and lost luggage.

On-Site Mode
Coverage for accidents, illnesses, or emergencies while the user is at their destination, potentially varying based on the risk level of the destination.

Remote Work Traveler Mode
Specifically designed for digital nomads or frequent business travelers, this mode can cover a mix of travel and health insurance while the individual works remotely from different locations.

Short Trip Mode
For shorter journeys where less comprehensive coverage is needed, reducing premiums for minimal risks (e.g., domestic trips).

Vacation Pause Mode
If a traveler is staying in a safe or low-risk destination for a prolonged period, the policy could adjust to lower levels of coverage temporarily.

Life and Health Insurance Modes

Healthy Activity Mode
Activated when the policyholder is engaging in low-risk or health-improving activities, such as exercising or participating in wellness programs. This mode may reduce premiums as an incentive.

Medical Pause Mode
If a person is in a country where they already have government-sponsored or travel health insurance, this mode could temporarily reduce private health coverage to avoid overlap.

High-Risk Activity Mode
For individuals engaging in extreme sports or dangerous activities, coverage could increase automatically during these periods, offering additional protection.

Preventive Care Mode
Activated when policyholders take part in preventive care activities such as health checkups, screenings, or vaccinations. The insurer could provide rewards or premium discounts during this mode.

Gig Economy Insurance Modes

On-Duty Mode

For gig economy workers such as delivery or rideshare drivers, this mode offers full coverage during active shifts, covering both personal and commercial risks while they are working.

Off-Duty Mode
When the worker is off-duty, the coverage automatically reduces to personal insurance only, avoiding unnecessary commercial premiums.

Surge Mode
During periods of high demand (e.g., during bad weather for delivery drivers), this mode offers extra coverage in response to heightened risk.

Temporary Pause Mode
For workers who take breaks from their gig work for extended periods, this mode allows them to pause their commercial insurance until they return to work.

Event Insurance Modes

Setup Mode
During the setup phase of an event, this mode offers coverage for installation-related risks such as property damage or contractor accidents.

Live Event Mode
Full coverage during the event, including public liability, injury coverage, and property damage.

Post-Event Mode
After the event concludes, coverage reduces to minimal risks, such as theft or vandalism during takedown or clean-up.

Additional Dynamic Insurance Modes

Eco-Mode
For drivers, cyclists, or homeowners who engage in eco-friendly behaviours, such as using electric vehicles or employing energy-saving measures in their homes. This mode could offer reduced premiums for sustainable practices.

Flexible Work Mode
For professionals who work remotely but occasionally visit offices, this mode adjusts between commercial and personal insurance, covering a mix of work-from-home and office-based risks.

Child Safety Mode
Activated when children are in the car or at home, offering enhanced coverage for accidents, liability, or medical emergencies involving minors.

Event Cancellation Mode
For event organizers, this mode offers increased protection for the financial impact of event cancellations or postponements, especially relevant for events affected by weather or other uncontrollable factors.