Hot & Cold Wallet
Direct loss of digital assets from hot wallets due to hacking, social engineering, or SIM-swap, and from cold wallets due to theft, fire, or natural disaster.
Cryptocurrency Insurance
Real insurance for digital assets — written by a regulated U.S. carrier.
From a single self-custody investor to a billion-dollar exchange, Newlights writes named-peril crypto coverage that pays in U.S. dollars at the spot price on the loss-event date.
Exchange Insolvency
Reimbursement for insured digital assets held on a U.S. or qualifying offshore exchange that becomes insolvent, suspends withdrawals, or freezes accounts beyond 30 days.
Smart-Contract Exploit
Coverage for direct losses caused by a covered smart-contract bug, governance attack, or oracle manipulation on a whitelisted protocol.
Key-Loss Protection
Recovery-cost reimbursement and limited principal coverage when a verified seed-phrase or hardware-wallet loss event renders insured assets inaccessible.
Crime & Employee Theft
For crypto-native firms: third-party crime, internal employee theft, and forged-instruction losses on operating wallets.
Regulatory & D&O Add-On
Defense costs and indemnity for crypto firm directors and officers facing SEC, CFTC, FinCEN, or state-DFS actions related to covered operations.
Plans
Coverage sized to how you hold.
Personal Holder
Self-custody investors with one or two wallets
From $29/mo
$50,000 limit
- Hot & cold wallet theft
- SIM-swap & phishing
- Key-loss reimbursement up to $10k
- U.S.-based claims line
Most popular
Active Investor
Multi-chain, multi-exchange portfolios
From $149/mo
$500,000 limit
- Everything in Personal
- Exchange insolvency on whitelisted venues
- Smart-contract exploit (whitelisted)
- Recovery firm reimbursement
- Quarterly key-hygiene review
Institutional
Funds, custodians, exchanges, miners
Advisory
Up to $100M limit
- Custody crime & employee theft
- Cold-storage all-risk
- Smart-contract & oracle coverage
- D&O / regulatory add-on
- Dedicated underwriter & broker
Supported assets
BTC, ETH, the top 50 by market cap, and major stablecoins.
All settlements are paid in U.S. dollars at the CoinDesk Indices spot price on the date of the covered loss event. Stablecoin losses are settled at $1.00 par, even during depeg events, up to your policy limit.
- Bitcoin (BTC)
- Ethereum (ETH)
- Top 50 by 90-day market cap
- USDC, USDT, DAI, PYUSD
- Native staking positions
- Wrapped tokens on Ethereum L2s
- Bitcoin Layer-2 (Lightning, Liquid)
- Whitelisted DeFi protocols
Honest exclusions
What this policy will not pay.
- Ordinary market price movements on uninsured holdings
- Losses from your own trading decisions or leverage liquidations
- Rug-pulls on protocols outside the whitelist
- Assets held on sanctioned platforms or by sanctioned counterparties
- Losses from voluntarily sharing private keys or seed phrases
Frequently asked
Do I need to disclose my wallet addresses?
For self-custody coverage above $50k, yes — read-only addresses only. We never request private keys or seed phrases. Anyone who does is a fraud.
Is this coverage admitted in my state?
Yes, in all 50 U.S. states. Underwritten by Newlights Indemnity, Inc., NAIC #87412.
What if my exchange is overseas?
We cover a whitelist of major U.S. and offshore venues. Ask your advisor for the current list.
Will rates change with volatility?
Premiums are set at bind and held for the policy term. Renewal premiums may adjust based on the prior 90-day volatility band of insured assets.