IsurAce

By Cover By ETH

To buy insurAce covers using ETH the buyCoverByETH function is called by the user.

function buyCoverByETH(
        uint16[] memory products,
        uint16[] memory durationInDays,
        uint256[] memory amounts,
        address currency,
        address owner,
        uint256 referralCode,
        uint256 premiumAmount,
        uint256[] memory helperParameters,
        uint256[] memory securityParameters,
        uint8[] memory v,
        bytes32[] memory r,
        bytes32[] memory s
    )

Input variables :

products : InsurAce allows mutliple products to be bought from the platform at once.
durationInDays : refers to the duration of days for which the product is being bought
amounts : refers to the sum being insured on InsurAce
currency : refers to the currency of payment for buying the cover
owner : [Description needed]
referralCode : refers to the InsurAce partner code. In this case it would be CoverCompared's referral address.
premiumAmount : refers to the quote price, the premium to be paid to buy the cover
helperParameters : It comes from InsureAce api and it is being used to buy cover in InsureAce smart contract.
securityParameters : It comes from InsureAce api and it is being used to buy cover in InsureAce smart contract.
v : is a signature parameter which comes from InsureAce API
r : is a signature parameter which comes from InsureAce API
s : is a signature parameter which comes from InsureAce API

By Cover By Token

To buy insurAce covers using compliant ERC20 tokens the buyCoverByToken function is called by the user.

    function buyCoverByToken(
        uint16[] memory products,
        uint16[] memory durationInDays,
        uint256[] memory amounts,
        address currency,
        address owner,
        uint256 referralCode,
        uint256 premiumAmount,
        uint256[] memory helperParameters,
        uint256[] memory securityParameters,
        uint8[] memory v,
        bytes32[] memory r,
        bytes32[] memory s
    )

Input variables :

products : InsurAce allows multiple products to be bought from the platform at once. this parameter refers to the address of protocols in which the funds are being insured
durationInDays : refers to the duration of days for which the product is being bought
amounts : refers to the sum being insured on InsurAce
currency : refers to the currency of payment for buying the cover
owner : It is the address who owns cover after buying. In our case it should be user wallet address which is trying to buy cover.
referralCode : refers to the InsurAce partner code. In this case it would be CoverCompared's referral address.
premiumAmount : refers to the quote price, the premium to be paid to buy the cover
helperParameters : It comes from InsureAce api and it is being used to buy cover in InsureAce smart contract.
securityParameters : It comes from InsureAce api and it is being used to buy cover in InsureAce smart contract.
v : is a signature parameter which comes from InsureAce API
r : is a signature parameter which comes from InsureAce API
s : is a signature parameter which comes from InsureAce API

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Last updated 3 years ago

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function buyCoverByETH( uint16[] memory products, uint16[] memory durationInDays, uint256[] memory amounts, address currency, address owner, uint256 referralCode, uint256 premiumAmount, uint256[] memory helperParameters, uint256[] memory securityParameters, uint8[] memory v, bytes32[] memory r, bytes32[] memory s )

function buyCoverByToken( uint16[] memory products, uint16[] memory durationInDays, uint256[] memory amounts, address currency, address owner, uint256 referralCode, uint256 premiumAmount, uint256[] memory helperParameters, uint256[] memory securityParameters, uint8[] memory v, bytes32[] memory r, bytes32[] memory s )