All Templates

Parametric Insurance Payouts & Trust Survey Template

Survey template to measure policyholder trust in parametric triggers and claims payouts. Prebuilt questions gauge understanding and confidence. Customizable.

What's Included

AI-Powered Questions

Intelligent follow-up questions based on responses

Automated Analysis

Real-time sentiment and insight detection

Smart Distribution

Target the right audience automatically

Detailed Reports

Comprehensive insights and recommendations

Sample Survey Items

Q1
Multiple Choice
Are you currently covered by any personal or business insurance policy?
  • Yes
  • No
  • Prefer not to say
Q2
Multiple Choice
Attention check: To confirm you are reading the questions, please choose "Strongly agree."
  • Strongly disagree
  • Disagree
  • Neither agree nor disagree
  • Agree
  • Strongly agree
Q3
Multiple Choice
Which types of insurance do you currently hold? Select all that apply.
  • Auto/vehicle
  • Home/property
  • Renters
  • Health
  • Life
  • Travel
  • Crop/agriculture
  • Business interruption
  • Cyber
  • Other
  • None of the above
Q4
Multiple Choice
How familiar are you with parametric insurance triggers?
  • Very familiar
  • Somewhat familiar
  • Heard the term, not sure what it means
  • Not familiar
Q5
Chat Message
Parametric insurance pays a fixed amount when a predefined, independently measured index (e.g., wind speed, rainfall, quake intensity) meets an agreed threshold—without adjusting individual losses.
Q6
Multiple Choice
Which statement best describes a parametric trigger?
  • A payout occurs when a measurable index meets a set threshold, regardless of specific loss.
  • A payout occurs only after an adjuster verifies all itemized damages.
  • It’s a method for estimating the policy premium each year.
  • Not sure
Q7
Multiple Choice
Have you ever had an insurance policy that used a parametric trigger?
  • I currently have one
  • I had one in the past
  • Not sure
  • No
Q8
Multiple Choice
Have you ever received a payout from a parametric policy?
  • Yes
  • No
  • Not sure/Not applicable
Q9
Matrix
If you have received a parametric payout, how satisfied were you with each aspect? If not applicable, select "Not applicable."
RowsVery dissatisfiedSomewhat dissatisfiedNeither satisfied nor dissatisfiedSomewhat satisfiedVery satisfiedNot applicable
Speed of payout
Payout amount matched expectations
Communication during the process
Ease of initiating the claim
Q10
Opinion Scale
How much do you trust that a parametric policy would pay the correct amount when its trigger is met?
Range: 1 10
Min: Not at allMid: NeutralMax: Completely
Q11
Ranking
Rank these factors by importance for trusting parametric payouts (1 = most important).
Drag to order (top = most important)
  1. Trigger based on objective third‑party data
  2. Clear, simple threshold definition
  3. Independent verification/audit
  4. Real‑time visibility into the index
  5. Published historical performance
  6. Backed by reputable reinsurer/insurer
Q12
Multiple Choice
What concerns might make you hesitate to trust a parametric payout? Select all that apply.
  • Basis risk (index doesn’t match my loss)
  • Data quality or manipulation concerns
  • Thresholds set too high to trigger
  • Black‑box calculations/low transparency
  • Dispute resolution is unclear
  • Insurer/reinsurer reputation
  • Premium cost
  • Lack of regulatory oversight
  • Other
Q13
Opinion Scale
If an event happens but your loss differs from the index result (basis risk), how acceptable is that trade‑off?
Range: 1 10
Min: Not acceptableMid: NeutralMax: Entirely acceptable
Q14
Matrix
For each scenario, how likely are you to trust the payout outcome?
RowsVery unlikelyUnlikelyNeither likely nor unlikelyLikelyVery likely
Hurricane: Max wind at the nearest station ≥ agreed threshold triggers a fixed payout.
Drought: 5‑day rainfall in your county below threshold triggers a staged payout.
Earthquake: Shaking intensity (PGA) at your location ≥ threshold triggers payout.
Q15
Multiple Choice
How would you prefer to receive updates on trigger status and payouts? Select all that apply.
  • Email
  • SMS/text
  • Mobile app notifications
  • Web dashboard
  • Phone call from agent/broker
  • In‑person meeting
  • Other
  • No updates needed
Q16
Dropdown
Age
  • 18–24
  • 25–34
  • 35–44
  • 45–54
  • 55–64
  • 65+
  • Prefer not to say
Q17
Multiple Choice
Gender
  • Woman
  • Man
  • Non-binary
  • Prefer not to say
Q18
Short Text
Country/region where you live
Max 100 chars
Q19
Multiple Choice
Highest level of education completed
  • Less than high school
  • High school or equivalent
  • Some college/associate
  • Bachelor’s degree
  • Master’s degree
  • Doctorate
  • Professional degree (e.g., JD, MD)
  • Prefer not to say
Q20
Multiple Choice
Current employment status
  • Full-time
  • Part-time
  • Self-employed
  • Unemployed
  • Student
  • Retired
  • Homemaker
  • Prefer not to say
Q21
Multiple Choice
Do you work in the insurance or risk industry?
  • Yes
  • No
  • Prefer not to say
Q22
Chat Message
Welcome! This brief, voluntary survey takes about 5–7 minutes. Please answer as best you can—you may skip any question. No personal identifiers are requested. Thank you for your time.
Q23
Long Text
What would help you feel more confident in parametric triggers and payouts?
Max 600 chars
Q24
AI Interview
AI Interview: 2 Follow-up Questions on your responses about parametric triggers and payouts
AI InterviewLength: 2Personality: Expert InterviewerMode: Fast
Q25
Chat Message
Thank you for participating! Your responses have been recorded.

Ready to Get Started?

Launch your survey in minutes with this pre-built template