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Downtime Insurance for CDN

Your customers expect your web applications to be up and running at all times, but you have no control over what happens when your CDN goes down.

This is where Parametrix comes in with our simple and smart policies for businesses that rely on CDN for their mission-critical activities.

Our policies cover significant damages you incur during a CDN downtime incident including direct revenue losses and customer compensation. 

Pre-agreed coverage amount

No surprises! During our onboarding process, we agree on the payout amount to required to cover each hour of downtime

Rapid hassle-free payout

Receive the pre-agreed payment within a couple of weeks following a hassle-free process that does not require traditional claims adjustment

Protect SLAs and other losses

We cover types of losses traditional insurance doesn’t including SLA liabilities, customer churn, operational costs and more, tailored to your needs.

Simple & affordable policy

Easy to understand terms so you know exactly what you get, including short waiting periods and restrictions on the use of funds

How it works

Determine Pre-agreed Coverage Amounts

Specify how much money you need to cover for each hour of downtime during our automated onboarding process.

Service Outage Triggers Policy Coverage

We continuously monitor your services (you don’t have to install anything!) so we know exactly when downtime begins.

Quickly Receive a Payout With No Hassles

You will get the pre-agreed payment within 15 days at most with no usage restrictions or a claims adjustment process.

We've got you covered

Coverage for all your cloud- based services

Resources

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Insurance coverages discussed herein may be placed in the excess and surplus lines insurance market. The insurer issuing the policy is not an admitted carrier. Coverages placed in the excess and surplus lines market are not protected by state guaranty funds and the policy forms used and rates charged are not subject to review by the insurance department. May not be offered in all states.