In the decentralized finance (DeFi) space, insurance provides a way to protect assets from risks like smart contract failures or protocol hacks. For someone new to this area, understanding the process of acquiring coverage involves several practical steps, from setting up tools to selecting specific policies. Common risks covered in DeFi insurance platforms include smart contract vulnerabilities, … Read more
Decentralized finance (DeFi) has transformed how individuals interact with financial systems, offering opportunities for lending, borrowing, and trading without intermediaries. However, the DeFi ecosystem carries risks such as smart contract vulnerabilities, hacks, and stablecoin depegging, which have led to over $2 billion losses in 2023 alone, according to on-chain data. DeFi insurance provides a safety … Read more
What Is an Endowment Insurance Policy? An endowment insurance policy is a unique financial product that combines life insurance coverage with a savings component. It ensures that the policyholder’s family receives financial support in the event of an untimely death while also providing a lump-sum payout if the insured survives the policy term. This dual … Read more
You’ve probably heard of investments like mutual funds or stocks, but have you ever heard of something called “segregated funds”? Let’s break down what they are and why you might want to invest in them. What is a Segregated Fund? A segregated fund is a type of investment that comes with a special insurance feature. … Read more