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Evertas increases coverage limits to $420m

June 6, 2023

Crypto insurance company Evertas has announced an increase in coverage limits, as well as the addition of mining operations to its coverage portfolio.

The insurer’s per-policy coverage limits on custodial crypto assets will increase to $420 million, “nearly tripling the amount of risk transfer previously available to blockchain focused projects,” according to the announcement.

The firm is also adding coverage for mining operations in the amount of up to $200 million per policy.

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