RE: Crypto Insurance: How Important Is It For A Crypto Investor?

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Crypto Insurance: How Important Is It For A Crypto Investor?

in hive-153264 •  3 years ago 

Crypto investors should consider it of paramount importance that the crypto company that they deal with has sufficient crypto insurance protection both in terms of coverage and the limits before dealing with them.

There is no point if the company that you deal with has insufficient insurance coverage to protect your risk of loss.

The insurance companies typically insist on minimum security measure to be put in place before granting insurance coverage to their insured clients.

Therefore, by insisting on crypto insurance from your crypto service provider you are not only getting insurance coverage but you are also being assured that the crypto company has put in place the required minimum security measures.

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The insurance companies typically insist on minimum security measure to be put in place before granting insurance coverage to their insured clients.

That is a good insight, @invest.country.