Four lines of MiIncome cover, embedded via the same API. Sensible defaults ship out of the box; cover items, payout mechanics, and the target audience are configured per partner.
Income protection for permanent, full-time W-2 employees who are laid off or terminated for reasons outside their control — restructuring, business closure, mergers, or broader economic cycles. The benefit is paid as a lump sum or in up to three monthly instalments while they remain involuntarily unemployed.
Covered
Protects short-term-rental income — whether the property is taken offline or a confirmed booking falls through.
Protects a host’s income when a covered event takes their property offline — a Category 4+ hurricane, major earthquake, or large wildfire, physical damage that makes it uninhabitable, loss of access under government restrictions, or an extended grid failure. The payout is triggered by the event itself, regardless of what was on the booking calendar.
Covered
Protects a property manager’s booking income when a guest cancels a confirmed reservation that can’t be rebooked, covering the reservation value less anything recovered through rebooking.
Covered
Pays out when an accident or sickness stops someone working — a lump sum for the most serious outcomes, daily income while they recover, are in hospital, or are off work, and help with medical and funeral costs. Cover can extend to a close family member’s hospitalisation or bereavement.
Covered
Backs a guarantee a partner makes to its own customers, covering the partner for the payouts it makes under that guarantee. Used today to back rent guarantees for tenant-screening platforms and parcel guarantees for courier platforms.
Covered
Payout amounts and triggers are configured per partner — index of income, rent value, phone bill, remittance amount, average value of goods, or other factors agreed during the discovery phase.
