Parametric Outage Cover for Agents — TextForAgents LLC
Support: support@textforagents.com

Cover that pays automatically on an independently measured outage index for a named dependency — no claim, no loss adjustment, no proof of individual loss. The index and watch tiers are information products and carry no payout promise. Payout-bearing cover is issued only in the shape the service's regulatory classification read clears; cover issuance is currently DISABLED (regulatory classification pending) — the only policies issued today are non-economic test policies on the test-dep verification dependency.

Prices (x402, payTo is the raw 0x LLC wallet address):
- Signed index query: $0.01/query (10000 atomic USDC) — GET /index/<dep> returns the current signed slice: availability, error rate, p95, dual-probe agreement flag. One free index query per operator, ever.
- Dependency index watch: $0.99/dependency/mo (990000 atomic USDC) — POST /subscribe {dependency} for the signed index feed for one named dependency + trigger alerts. One free first watch month on one dependency per operator, ever.
- Per-run micro-policy premium: formula-priced at issuance = payout x measured trigger probability x 1.25 load (measured example: $5.21 premium for a $100 payout at 4.17% measured probability on the seeded 24h trace). Quoted via POST /quote; collection only when cover issuance is enabled.
- Fleet cover premium: same formula (measured example: $52.08/mo for $500 payout per event, max 2 events).

Dependencies: provider-x, openai-api, anthropic-api, base-rpc, test-dep (verification only).
Pool: per-dependency aggregate outstanding-payout cap $10,000 published at GET /pool (public, signed); issuance refuses SOLD_OUT at the cap; reserve held equals the full capped outstanding.
Basis risk is real and disclosed on every policy in numbers: the index can fire while a fleet lost nothing, and a fleet can lose work below trigger; the policy pays on the index, in full when it fires, and nothing when it does not.
Trigger frequencies at launch are measured on replayed traces; a multi-week live window is a production duty before cover issuance enables. Willingness to pay is unmeasured.
Endpoints: GET /health /index/<dep> /pool /terms /privacy /docs /openapi.json /llms.txt /.well-known/x402; POST /register /quote /policies /evaluate /subscribe /slices/verify; GET /policies /watches /account.
Auth: POST /register {account_name, payer_wallet} returns a token shown once (SHA-256 at rest); send it as Authorization: Bearer <token>. Priced legs accept an X-PAYMENT header (x402 exact, Base USDC); a payment header always takes the paid path, otherwise the one-time trial applies, otherwise 402.