Futarchy for personal risks and lifestyle advice

[dyokomizo]

An app that sells ordinary life insurance policy.

You input sex/age and gets a quote: $10 for one month, $100k payout (i.e. expected death risk of 0.01%).

You claim you don't drive and don't smoke (how to verify) and upload your 23&me data (identity fraud potential).

In the next month you pay $2 (driving and smoking risk reduction). It also says if you stop eating red meat and exercise 30min 3x per week it would drop your premium to $0.5 (i.e. due to gene analysis it expects those interventions to reduce your risk by 4x).

But it gave the advice for "free", because you can stop paying and keep following it.

OTOH if we reduce the premiums but you cheat we lose money.