What does this mean?
In the realm of cryptoassets, these are included under the Vault Insurance product (B0509FINSD2450009), provided that your order form explicitly states that these assets are covered by insurance. This is an important detail because, in the unfortunate event of a loss, every incident will be assessed according to the overall limits of liability specified in the policy. If a loss event occurs that exceeds these predetermined limits and affects multiple customers, the compensation will be calculated on a pro-rata basis. This means that the amount of compensation you receive will be determined by the proportion of your lost cryptoassets in relation to the total losses experienced by all affected parties.
It is essential to highlight that any assets stored without a corresponding order form will not qualify for insurance coverage. This stipulation underlines the necessity of ensuring that your assets are properly documented and supported by the appropriate order form. Doing so is critical to guarantee that your assets remain protected under our insurance policy. Therefore, we strongly encourage you to review your documentation to ensure that everything is in order so that your assets can be fully safeguarded.