#cryptoinsurance

[digital-asset-management-online]

Creating a Last Will and Testament for Your Crypto Assets: How to Keep Your Digital Legacy Safe?

Life can be unpredictable, and maintaining an updated last will and testament is becoming increasingly vital. documents that outline how an individual’s assets, including their crypto holdings, will be distributed after their demise can significantly benefit the organization of one’s financial estate while minimizing the risk of conflicts. People can ensure that their digital assets are passed on to the intended beneficiaries in a manner consistent with their wishes, and Legacy Suite is your one-stop solution to help you make this possible. .

Planning Your Digital Legacy and Why You Should Keep Your Digital Legacy Safe

Planning your digital legacy involves considering what will happen to your online assets, such as email accounts, social media profiles, and cryptocurrency holdings, after you pass away. Keeping your digital legacy safe involves taking steps to secure and protect your online assets and providing instructions for their management and distribution.

Why you should keep your digital legacy safe:

Protection against unauthorized access

Ensure smooth transition

Avoid disputes

Protect your privacy

Tips for Choosing a Secure and Reliable Storage Solution for Your Crypto Assets

Here are some tips for choosing a secure and reliable storage solution for your crypto assets:

Security features: Look for a storage solution that offers powerful security features such as encryption, multi-factor authentication, and hardware-based security.

Reputation: Choose a storage solution with a proven security and reliability track record, and consider reviews and recommendations from trusted sources.

Insurance: Consider a storage solution that offers insurance coverage for your assets in case of theft or loss.

Accessibility: Make sure the storage solution you choose allows you to easily and quickly access your assets when needed.

Support: Consider the level of support and customer service offered by the storage solution in case you need help or have questions.

Backup and recovery options: Look for a storage solution that offers robust backup and recovery options in case your assets become inaccessible for any reason.

Jurisdiction: Consider the legal and regulatory environment of the storage solution, as different jurisdictions may offer varying levels of protection for your assets.

Planning your digital legacy and keeping it safe is a vital aspect of estate planning that should not be overlooked.

Keep Your Digital Legacy Safe with Legacy Suite

Legacy Suite is a platform that allows you to store and manage your digital assets and information securely, so they can be passed on to your loved ones after you leave this world. The platform helps you create a last will and testament for your crypto assets by offering you the tools and resources to securely store and manage your digital assets.

You can update this will whenever necessary, so it always reflects your current wishes. You can also choose the individuals who will inherit your crypto assets when you pass away. You can add them as your designated heirs so they have access to your digital legacy when the time comes.

Legacy Suite’s lifetime digital asset management services include document storage for user intent and Digital Will creation assistance. Digital Wills take into account any electronic records, social accounts, and other digital accounts that would not normally be included in a traditional will. Legacy Suite’s digital executors are assigned to individual users and are in charge of managing digital estates and dealing with all issues concerning a user’s digital assets after their demise.

In addition, Legacy Suite's Legal Suite lets you leave precise details of your intentions to provide for your family while minimizing estate planning costs. You can update your decisions whenever and wherever you want, protecting your family from the frustrations and stress of the aftermath. Legal Suite makes it easier for you to create your will for crypto assets, socials, NFTs, power of attorney documents, and healthcare directives.

Final Thoughts

Creating a last will and testament for your crypto assets is an important step in ensuring the safe and secure transfer of your digital assets after you pass away. Legacy Suite provides a secure and easy-to-use platform to help you create your last will and testament and manage your digital legacy.

Using Legacy Suite to create a last will and testament for your crypto assets, you can ensure that your digital assets are passed on to your loved ones according to your wishes. With secure storage and easy access, you can have peace of mind that your crypto assets are safe and will be passed on to your heirs. Visit the official website for more information on the full range of services provided by Legacy Suite. You may also join the Legacy Suite community on Twitter, Facebook, Youtube, Instagram and Discord to stay updated on all developments.

[impact-newswire]

Evertas, the leading #cryptoinsurance & risk mitigation services company. We cover your #crypto.

[legacysuite]

Best Crypto Insurance of 2022 You Need to Know About

Cryptocurrencies and blockchain are transforming the insurance sector, particularly in the crypto and decentralized finance (DeFi) world. Some organizations are even using blockchain technology to decentralize insurance funds, which implies that anyone can obtain tokens representing a share of the insurance fund and possibly profit from the fund’s increasing value.

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Losses from the deterioration in the value of your cryptocurrency, like losses from other investments, are not insured. Hacks and smart contract bugs, however, can be covered. To reduce the risk as an investor, it is advisable for you to choose an insured crypto exchange and wallet.

Crypto insurance covers cryptocurrencies and digital assets such as NFTs, Ethereum, Bitcoin, and more. Using a typical insurance policy basis, crypto insurance providers give insurance policies on crypto coins deposited in wallets or exchanges. 

Before delving into the best crypto-insurance, let us first understand what kind of businesses require crypto insurance and what its need is.

What Businesses Require Crypto Insurance?

Some examples of crypto and blockchain firms include:

Crypto trading

Carrying out crypto custody (protecting third-party assets)

Offering a payment remittance platform

Crypto asset protection

If your cryptocurrency business falls into one of these or any other blockchain-related area, you must consider looking for the appropriate crypto coverages. If you own a crypto business and are considering taking crypto insurance for your business, here are some aspects that you must know.

Why Do Crypto Firms Need Crypto Insurance?

Most crypto businesses are start-ups; as such, they have so many things going on in their minds when it comes to expanding their operations. The ecosystem of start-ups is extremely fast-paced, and businesses must keep up in order to thrive.

Focusing on funds, hiring, and improving business processes often diverts the attention of business owners away from insurance and risk management, which can be risky.

Cryptocurrency companies, like any other business, have to face several hazards in their everyday activities. The crypto market’s volatility and unpredictability pose a significant risk.

Given that we are discussing a market that has introduced much novelty, crypto companies remain a bit of a mystery to the world of business, including the insurance industry.

Insurance is critical for cryptocurrency businesses because they need all the help they can get to preserve their digital assets. Most regulatory discrepancies are not making their lives smoother, and neither is navigating market volatility.

A Quick Look at the Best Crypto Insurance

Nexus Mutual

Nexus Mutual is a blockchain-based decentralized insurance fund. It pools funds and issues insurance claims using smart contracts. Firms that Nexus Mutual insures pay with NXM tokens into the fund. Nexus implements mathematical formulae to calculate the number of claims that can be insured to keep the fund from becoming overly burdened.

Evertas

Evertas is the first insurance firm that specializes in offering insurance to cryptocurrency and blockchain users. The company insures your crypto coins not only against online hacks but also against the loss of your private keys. It also covers losses that happen due to technical errors.

Etherisc

Etherisc is an Ethereum blockchain smart contract for insurance. The company is decentralized, which implies that any individual can invest in or be insured by the insurance fund. Furthermore, developers on Etherisc can build new insurance protocols, but any new proposals must be accepted, registered, and controlled by the government.

Coincover

Coincover offers centralized insurance for cryptocurrency wallets, exchanges, and smart contracts. They do not sell insurance directly to regular investors because their primary aim is to protect crypto enterprises from cyber hackers.

Aon

Aon is a conventional insurance firm that offers professional risk solutions to every business. It is a public-traded company on the New York Stock Exchange. Aon also provides commercial risk solutions for blockchain-related businesses such as cryptocurrency brokerages, blockchain protocols, and crypto miners.

Key Takeaways

From cyber attacks to rug pulls, the crypto market remains extremely vulnerable, and as a result, investors are finding ways to secure their funds from theft. While there are various ways to accomplish this, one specific approach to get back your money even if an awful situation occurs is via crypto-insurance, which guarantees the safety that investors need.

For more information, please visit https://www.legacysuite.com/.

[18-roses]

What Is Decentralized Finance (DeFi) and How Does It Work?

CryptoInsurance!

AKON

[mohammadali221]

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You Can Now Get The Best Crypto Insurance Policy for Both Personal Crypto Insurance and Crypto Exchange Insurance With The Best Crypto Insurance Company - https://cryptocurrencyinsurance.io Cryptocurrency Insurance, Best Crypto Insurance, Personal Crypto Insurance

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[thewealthrace]

CertiK’s COO on the future of blockchain security and the normalisation of crypto-insurance

CryptoSlate recently had the opportunity to chat with Daryl Hok, COO and Executive Vice President of global cybersecurity startup CertiK which provides end-to-end security solutions for the blockchain industry. As the EVP & COO at CertiK, Daryl received a B.A. from Yale University and has previously held roles in Product Management, Corporate Development / M&A, and Business Development for…

[sevriugin-blog]

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[icoscroll-blog]

INZURA (IZA) ICO

INZURA is the world's first insurance based crypto project where user can claim loss of cryptocurrency in the exchange. Inzura protects the crypto asset and brings trust in the crypto community that not even single user will face loss of crypto in this crypto space anymore. Over 100s of millions of dollar lost in exchange which cannot be retrieved.  Many investors were severely burnt by these hacks and will not return to crypto market.  Inzura solves this problem and attracts new investors to enter the market. BONUS Pre-sale = 20% Round 1 = 10% Round 2 = 5% Round 3 = Nil Bounty details can be found in the following https://beta.bounty0x.io/host/bounties/1281032 Read the full article

[crypto-nasz]

. #PolkaCover is delighted to partner with @UniLend_Finance, a pioneering DeFi lending platform Cover Compared, our #cryptoinsurance marketplace will offer Wallet Hack Covers to the users holding $UFT in their CEX wallets Read more: http://tinyurl.com/3ub8kzc9  $CVR x $UFT!

[intocryptonews]

- insurance underwriters associated with Lloyd’s of London are now backing a new liability policy designed to protect cryptocurrency stored in online wallets. With a modest minimum of 1,000 British pounds ($1,275) in protected assets and rather flexible terms, the product seems to be geared for retail and corporate investors. 

The price of coverage starts at 0.75% of the sum insured per year, and depends on the risk profile of the client and the level of cover required. The list of protected coins includes nine major currencies — Bitcoin, Ether, Bitcoin Cash, Bitcoin SV, Ripple, Stellar, Dash, ZCash and Litecoin — along with more than a hundred ERC-20 tokens.

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[medicus24-blog]

@Medicus24 ChronicaTutorial

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[sevriugin-blog]

@bum_cryptokitties #cryptokitties #regarisksharing #cryptoinsurance (at Moscow, Russia)

[crypscrow]

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