Cryptocurrency Q&A
Does insurance cover stolen crypto?
Does insurance cover stolen crypto?
SamsungSpark
Sun Dec 01 2024
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7 answers
1279
I had some cryptocurrency stored in my online wallet, and recently it was stolen. I'm wondering if my insurance policy would cover the loss of these stolen digital assets.
7 answers
GangnamGlamourQueen
Tue Dec 03 2024
Insurance companies are beginning to recognize the need for crime coverage specifically tailored for businesses dealing in cryptocurrency.
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EtherealVoyager
Tue Dec 03 2024
This type of insurance provides limited protection against the theft of cryptocurrency funds.
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Ilaria
Tue Dec 03 2024
Despite this development, the available policies have strict conditions under which reimbursement is granted.
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CryptoMercenary
Mon Dec 02 2024
For instance, insurance will only cover stolen cryptocurrency funds in certain scenarios.
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Martino
Mon Dec 02 2024
One such scenario that is typically not covered is the hacking of your account or wallet.
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