> For the complete documentation index, see [llms.txt](https://insureblox.gitbook.io/hackathon/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://insureblox.gitbook.io/hackathon/ocean-storm/why-use-ocean-storm.md).

# Why use Ocean Storm?

## ![](/files/sBPuzxgOKTYyfddhnCMl)    WHAT is Ocean Storm?

**Ocean Storm is:**

* a parametric insurance solution ☂
* for ships 🚢  going through rough seas  🌊 
* based on Blockchain 🚀, i.e. hassle-free, automatic pay-outs in case of adverse weather events

## WHY use Ocean Storm?

* Compensates for your economic losses due to heavy storms on the ocean
* Is as transparent as insurance can be in the "Metaverse era" 😎
* Is hassle-free and pays out instantly - no need to file a claim

## WHO should buy Ocean Storm?

* Ship owners 🚢
* Charterers ⚓
* Logistics providers 🚚
* Trade partners shipping containers, bulk cargo, specific goods...
* And also cruise ship passengers and sailors: they might want to insure against delayed arrival at the next port, or seasickness 🤮:thumbsup: