Your Cart

What is crypto insurance

Crypto insurance is a type of insurance policy that is designed to protect individuals and businesses against losses related to cryptocurrency holdings or transactions. It provides coverage for various types of risks, such as theft, fraud, hacking, or loss of access to private keys.

Crypto insurance policies can cover both physical and digital asset losses. Physical asset losses may include the loss or theft of hardware wallets or other physical devices that store cryptocurrencies. Digital asset losses may include losses due to hacks, fraudulent transactions, or other types of cybercrime.

Crypto insurance policies typically provide coverage for the full value of the insured assets, up to a predetermined limit. They may also include coverage for third-party liability, such as losses incurred by customers or clients due to the insured's actions or negligence.

Crypto insurance can provide peace of mind for individuals and businesses that hold significant amounts of cryptocurrency. However, it's important to carefully review and understand the terms and conditions of any insurance policy before purchasing it, as there may be exclusions or limitations on coverage. Additionally, some insurers may require specific security protocols or measures to be in place in order to qualify for coverage