Kover API
Search…
Income Shield

Overview

Income Shield is a micropremium product that gig platforms can leverage to provide financial safety net for workers. By offering Income Shield as part of the organic user journey, platforms can expect to see a higher worker retention rate and increased activities.
Income shield can be offered as either a Cover, which protects the worker for a single session, or a subscription, which automatically renews every month like Netflix subscription. For instance, a gig platform for long-haul transportation would want to offer Covers to its drivers and protect them for the duration of each long-haul trip, allowing drivers to opt-in and opt-out for each trip that they accept; but a warehouse gig platform that has a more stable group of workers may want to offer the Income Shield as a subscription so its workers can be protected without gap.
Last modified 7mo ago
Copy link