# 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: --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://insureblox.gitbook.io/hackathon/ocean-storm/why-use-ocean-storm.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.