2nd Chance Revenue Calculator
Project 2nd Chance typically uses a travel protection rate of 8%, which generates revenue for both you and the platform. Adjust the values below to estimate your potential referral revenue.
Adjust Key Parameters
Pro Tip: Including prepaid non-refundable items (like event tickets, tours, and activities) in your calculation increases the travel protection value, which leads to higher premiums and more revenue for you. This also provides better protection for your travelers against unexpected cancellations.
Total number of reservations
House, Airbnb, Room Rental
Event tickets, Tours, Flights
Probability of insurance purchase
Revenue Summary
Your Annual Revenue
$3,640.00
Revenue Per Policy
$36.40
Premium Per Policy
$208.00
Total Policies
100
3-Year Revenue Projection
Year 1
$3,640.00
Year 2
$4,186.00
Year 3
$4,813.90
3-Year Total Revenue Potential
$12,639.90
Detailed Metrics
Total Bookings
1,000
Actual Policies
100
Total Booking Value
$2,600,000.00
Average Booking Value
$2,600.00
Travel Protection Value
$208.00
Total Premium
$20,800.00
How Project 2nd Chance Works
Connect Data
API integration or data upload from your property management system
Automated Outreach
Branded emails or SMS messages sent at the optimal time
Purchase Experience
Custom-branded portal for travelers to purchase protection
Earn Revenue
You receive a referral fee for every policy sold