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nobody 2y ago

I want a company to offer life insurance with the death benefit paid out in Bitcoin.

- Death benefit is set number of BTC, not a fiat amount.

- Premium based on BTC death benefit fiat value at the time of issuance.

- Utilize current underwriting criteria.

- Proof of BTC reserve to cover claims.

Anyone know if this is available or if there is a team currently working on this?

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Angel 2y ago

Zap ⚡⚡⚡

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df125dd3... 2y ago

I just started one... Would you like the address to send your bitcoin to? You DM me here with your information and then send the BTC. When you die, let me know and I will return the BTC to your heirs on demand. Make sure you write it in your will.

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past15krpm 2y ago

I don't think this is possible cause of the fixed amount of BTC.

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nobody 2y ago

I understand your argument of the fixed supply, but as Bitcoin increases in dollar value, the number of BTC needed for newly issued policies decreases. So eventually a $1M policy may only need to be 1 BTC death benefit.