Enterprise said:
I do not understand what you are trying to accomplish here. Not saying it is a bad idea, but I do not understand.
He is trying to help people and make money, do you not understand the concept; people pay him money for a month of protection and if they get scammed he gives them some amount of the money they have been scammed out of back but if they have not been scammed or have not lost any money then he does not give them anything in that one month insurance period.
Also @Fit, you need to be careful people don't pretend they have been scammed by someone they know, like insurance fraud basically but on a much smaller scale.