Bitcoin life insurance? Seems I heard it for the first time. Your explanation about Bitcoin insurance is good. But it's not easy to find a Bitcoin insurance company. I don't trust any online agency to do Bitcoin insurance. I am not a fan of any insurance, because I have seen how insurance companies cheat people. They don't want to pay money after the end of the insurance deadline or after death. So it's even hard to trust physical insurance companies, so how can we trust online insurance agencies?

I would prefer to make insurance myself. Bitcoin gives us the opportunity to become our own bank. So why can't we be our own insurance? If you are committed to doing so, you can do it; just create an address for insurance and save every month's. It's kind of a DCA strategy—just secure some bitcoin to your insurance address. So you don't need to trust anyone else, but one time you will have a good amount.