Frequently Asked Questions

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No. The main carrier we use is Meanwhile Insurance, which is a legitimate, government-regulated Life insurance carrier founded in 2022 and based in Bermuda. Key backers of Meanwhile include, but not limited to: Sam Altman, and Northwestern Mutual.
We, however are an insurance agency based in Florida, USA that offer the product and service to our customers.

While your Bitcoin is no longer in direct custody, you still legally own it.

We're strong advocates of self-custody and believe every Bitcoiner should hold at least a portion of their stack under their own control. At the same time, we also recognize the unique benefits that life insurance can provide, particularly when it comes to liquidity, tax advantages, and long-term planning.

For that reason, we generally don't recommend moving all of your Bitcoin into a life insurance policy. Instead, many people find it makes sense to allocate a comfortable portion of their holdings to a policy while keeping the rest in self-custody.

This approach can give you access to tax-advantaged liquidity when you need it, while still allowing you to maintain direct control over the majority of your Bitcoin.

No margin calls.

The insurance carrier only cares about Bitcoin, not fiat.

If you have a loan out when Bitcoin crashes, we recommend buying the Bitcoin back at  a lower price to pay the loan off and pocket the difference (the carrier recommends this too.) But, you don't have to!

Its your money!

The carrier operates entirely in Bitcoin - including the financial statements.

Yes. Withdrawals from the policy usually take less than 24 hours. The fund transfers are guaranteed (you cannot be denied), do not have a fixed repayment schedule (you pay at your convenience, if you desire (if you don't the payment will be deducted from the face value of the life insurance when you die)), and as has no margin call risk.

Yes. It is legal and available in all 50 states.

There are no fees except the annual premium (the amount of BTC you put in the policy.)

Currently the annual minimum is .025BTC per year over 10 years - a total of .25BTC

Meanwhile Insurance, based out of Bermuda.