At Rand, and through a collaboration with Copper, we have implemented a technological solution that provides coverage of up to $500 million designed to safeguard your accounts against various risks.
Copper.co's cold storage insurance policy offers a coverage of $500 million for digital assets stored on hard drives. This coverage does not set a specific limit per account but applies globally, encompassing the entirety of accounts up to $500 million. In the event of a total loss exceeding $500 million, the uncovered loss would be distributed proportionally among all users.
We hope this information has clarified any doubts about the protection provided by Copper through ClearLoop. If you have more questions or need additional information, we invite you to visit our blog or contact our customer support team.