Bitcoin Life, operating as Perpetual21 Limited and licensed in Guernsey on September 17, has launched Bitcoin-denominated whole-of-life insurance bonds in the United Kingdom. This product allows long-term Bitcoin holders to park their holdings inside a regulated insurance wrapper with built-in estate planning features. Clients pay a single premium in Bitcoin or fiat currency, with the entire policy value held in Bitcoin under institutional custody. Direct beneficiary transfer sidesteps probate processes, offering a solution to the transmission challenges of digital assets. Partners BitGo Europe GmbH, BWCI, Polo Insurance Managers, and Carey Olsen provide custody, trustee services, oversight, and legal architecture respectively.
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