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Overview:
Allianz Insured leads the market with a specialized insurance product for Non-Fungible Tokens (NFTs), addressing the unique risks involved in owning digital collectibles. Coverage includes protection against theft, loss due to smart contract failures, and accidental transfer or deletion.
Key Benefits:
- Comprehensive NFT Coverage: Across theft, loss, and technical failures.
- Valuation Assurance: Compensation based on the current market valuation of NFTs.
- Dedicated Expertise: Access to specialists in digital asset insurance.
Success Story:
An artist lost access to a highly valuable NFT due to a smart contract error. Allianz Insured's NFT Insurance Protection facilitated full compensation based on its market value, providing peace of mind and financial security in the volatile NFT market.
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