If you are advertising your business then you should move this topic from Legal section to
Service Announcements or
Service Discussion.
Keeping Bitcoin on exchange you are not really holding your Bitcoin but you are trusting Binance to hold private keys for you, and if they go bust or if governments close them you will lose everything with or without your keyco policy number.
It is however very important to educate your family members about this and I would suggest writing instructions with backup phrase placed in tamper evident bags or envelopes, and this should be easy to understand and opened after death.
I would never keep many coins on Binance or any other ticking bomb exchange.
Not your keys, not your bitcoin.
I also noticed you are not even supporting Bitcoin with keyco when creating policy, but only BNB and USDT as I understand...
You also lose everything in case someone gets your policy number and you don't have whitelisted address or IP restrictions.
I apologize if I made a mistake with the section. I tried to move the topic, but I don't know how. Do I need to re-publish it?
Everything is correct. The funds on the exchange are not your funds. But, we and many traders trade on the exchange, and we are looking for a solution for the safe and easy transfer of funds to our relatives who do not understand crypto. Or you can forget / lose access to your account, email, 2fa ...
During the testing period, we connected BNB to the BSC network with a fixed amount of 0.01BNB and USDT (ERC20) with an amount of 40USDT. In the near future, we will connect other coins with the selected policy amount.