Quote from: Shaydeebankz on October 15, 2020, 08:31:47 PM

Cryptocurrency investors are showing a strong demand for asset protection in the form of cryptocurrency insurance. But while some providers see the cryptocurrency insurance market as promising, many are wary of entering.
One of the attractions of cryptocurrency, particularly for small and midsized enterprises (SMEs), has been the ability to avoid the mainstream financial system and the oversight, intrusiveness, and regulation that come with it. But the meteoric rise of cryptocurrency has in many ways outpaced the infrastructure built to support it. Crypto insurance policies are designed to protect against cryptocurrency losses, theft, and general cryptocurrency capital loss.
Faced with limited supply and high premiums of crypto insurance, some cryptocurrency investors are opting to self-insure or simply forgo insuring their crypto assets altogether.
For SMEs, the high costs of crypto insurance may negate two of the primary benefits of using cryptocurrency: speed and cost. The high premiums and restrictions imposed by crypto insurance providers re-introduce some of the cost and hurdles avoided by bypassing traditional banks.

I am quoting your full post for reference as it looks like it was copied from this source: https://www.americanexpress.com/us/foreign-exchange/articles/cryptocurrency-insurance-market-shows-promise-with-caution/
Since you are a newbie, please read the forum rules before posting anything. https://bitcointalk.org/index.php?Topic=703657.0