Insurance

At Kresus, we're breaking new ground as the first self-custody wallet to offer integrated insurance for your assets. We understand that security is one of the biggest concerns for anyone moving their crypto on-chain, and that's why we've partnered with Breach Insurance to provide comprehensive protection for your funds.

Why Insurance?

The decentralized nature of crypto offers unparalleled freedom, but it also brings risks like hacks, fraudulent links, and security breaches. Our goal with Kresus is to make on-chain experiences both user-friendly and secure. To help users feel more confident about managing their assets, we’ve integrated insurance directly into the wallet, ensuring that your funds are protected.

How it works

Our insurance covers up to $10,000 for Kresus Pro subscribers, shielding your assets from the unauthorized access, theft, or loss of your private keys due to unforeseen disasters such as fire or natural calamities. Below is a brief overview of how our insurance policy works, but for further details, you can find more in our Terms and Conditions.

Coverage Overview

• Maximum Pro Limit: $10,000

• Deduction per Wallet: $1,000

• Pro Coverage Duration: Period of Pro subscription in good standing

Requirements

• 72 hour waiting period from wallet creation

• Verified recovery phone

• Advanced Verification enabled

• Device biometrics enabled

Advanced Biometrics Requirement: For insurance coverage to remain valid, device biometrics must remain enabled. If disabled, insurance coverage is void, though users retain other benefits of their Pro subscription.

Transaction Limits: Pro users are allowed 350 free transactions per calendar month. Certain complex blockchain transactions might use multiple free transactions from this total to complete a single action, such as swaps.

What’s Covered

Kresus Insurance protects against:

• Unauthorized access to the Kresus Smart contract wallet (ERC-4337 standard).

• Theft or loss of private keys or key shards due to natural disasters (earthquakes, storms, etc.).

• Direct asset loss due to theft or destruction of private keys from specific covered events.

For more detailed information about claims, coverage exclusions, and other specifics, please consult our Terms and Conditions at https://kresus.com/terms-and-conditions/.