China Pacific Insurance has launched a digital yuan wallet fund loss insurance, which provides compensation for theft of funds, password theft, and other incidents

ChainCatcher news, according to Caijing.com, China Pacific Insurance Suzhou Branch has launched the country's first digital currency account fund loss insurance product in collaboration with Bank of Communications Suzhou Branch, and has issued the first policy.

According to the insurance product plan, during the coverage period, if the funds in a personal digital RMB wallet are stolen, or if the password is compromised, resulting in a financial loss, insurance compensation can be obtained. (Source link)