Post
Topic
Board Services
Re: who would be interested in buying insurance on their Bitcoins, services?
by
Equinoxx
on 11/11/2014, 18:02:14 UTC
Im considering whether i should start up a Bitcoin insurance company which would essentially insure you for certain amounts of Bitcoins. There will be premiums, and plans which i hope to set up to cover you in case of a theft or hack. Full details of the service may come soon depending on interest and demand.

ps. If this goes ahead i will need investigators to check out claims of clients and investigators will receive payment depending on the cases they cover etc.

What do you think guys?

Most of the insurance companies, if not all, are reluctant when it comes to paying out. They will do anything to prove you are wrong, so they don't have to pay.

Not sure if I would use one, but I guess there is a certain demand for this service. Interesting project.

Yeah that is true.

This is a good idea would help out a lot of people.

But wouldn't be easy for people to scam you? Like a lot of people try to do some sort of damage just to claim insurance.

I also think ( to my knowledge ) that thefts and hacks don't occur as often as a normal crime ( house robbery , hijack ).
For me at least.. I live in third world crime fest where you get targeted as soon as you leave home :/