Theft Cover is an annual plan that protects you against the theft of your cryptocurrency held in a wallet of our approved service provider, BitGo. It works just like any other personal insurance policy. It provides you with permanent protection and a guaranteed pay out if your cryptocurrency is stolen.
Coincover Theft Cover protects against theft of cryptocurrency resulting from wide range of attacks including brute force and cyber attack, phishing scams, malware, device theft, insider attack and criminal extortion.
You can protect as many wallets as you like provided they were created with our approved service provider BitGo and you selected Coincover as the back up key holder. The cover level you have selected covers all your wallets collectively.
Theft Cover is available globally with the exception of countries or jurisdictions prohibited by the UK or USA governments.
Coincover protects the following currencies: Bitcoin, Bitcoin Cash, Bitcoin SV, XRP (Ripple), Stellar, Dash, ZCash and Litecoin. We also currently support 122 ERC20 standard tokens.
We pay claims to a maximum of the cover limit you chose. The value of the claim is based on the amount of quantity of digital currency stolen and its fiat currency value at the time of theft based on an external valuation provided by Coingecko.com.
There are no hidden charges and no excess so you will receive a full pay out so long as it does not exceed your cover limit.
The first and only place you can completely protect yourself and your cryptocurrency from theft, lost access and malicious attack.
Select a cover level to suit the amount of cryptocurrency you are holding across all of your wallets.