Indiegogo begins testing insurance for failed crowdfunded campaigns
Dec03
Even in the world of crowdfunding, money isn’t everything, and successfully funded projects have gone up in flames in the past. If you don’t want to get burned, you might be interested in Indiegogo’s new initiative to offer insurance for campaigns that go bust. TechCrunch reports that the international crowdfunding platform has begun testing insurance on Olive Labs’ stress band campaign: backers can tack on an additional amount to their pledge, that will ensure that they’ll get a refund if the promised product isn’t delivered within three months. The trial running on Olive Labs’ campaign lists insurance as available for $15…
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