It's a legal agreement... I only have to trust them as much as I trust the judicial system and their incentive to abide by what they agreed to. Statefarm wanted to try to sell us on the fact theat they pay out faster than others and it can take a long time with other people. We told him that's not a concern of ours, It's okay if it take months to get to us. What I didn't say is that's because we have enough Bitcoin to more than pay for emergencies, funeral etc... The life insurance is just to make the one left behinds life a whole lot easier once the payout comes.