What Are the Different Types of Insurance Policies for Crypto Assets?

There are several types of insurance policies for crypto assets, primarily aimed at institutional custodians and exchanges. These include policies that cover theft of funds from cold storage, which is typically the most secure environment.

There are also policies for hot wallet theft, which are often more expensive due to the higher risk. Some policies may also cover third-party crime or internal fraud.

It is important to note that these are typically commercial insurance policies for the custodian, not individual insurance for each user's account.