I hope you're sarcastic... that is the worst idea ever... BITCOIN INSURANCE SHOULD BE RELIANT ON THE PPL WHO HOLD VALUE IN BITCOIN!!! Meaning we need to have our own personal insurance, making sure its successful and nobody gets fucked over.  More importantly making sure Bitcoin has value in being able to buy real products, such as organic food made from local farms, and being able to sustain these farms, as well as the internet which hold the bitcoins... you get the idea.