How the death benefit works with Bitcoin Life Insurance

Welcome back. This week we have a different yet exciting and informative video for you about Bitcoin life insurance and how it's different from traditional fiat-based life insurance. One of the main reasons that someone buys life insurance is because they care about someone and want to make sure that person is financially secure when they die. But what happens when that gift is slowly but steadily destroyed? Not because of your neglect but because of a powerful force out of your control. Inflation. Let's take a real life example. A customer bought a traditional fiat-based life insurance policy in the year 2013. The death benefit was $100,000. The customer is still alive today but unfortunately she realizes that death benefit has been devalued by inflation When adjusted for inflation, the death benefit is only worth about 71% of its value today. That means in 2013 dollars that $100,000 death benefit is only worth about $71,500 today. That is how much inflation has ruined the value of the dollar over the past 12 short years. However, if that same policy was valued in Bitcoin, the death benefit would have gone up 1,000% meaning that $100,000 death benefit would be $100,000,000 death benefit today. The difference is Bitcoin. Bitcoin life insurance is not priced in fiat dollars. It's priced in Bitcoin. If you buy 10 Bitcoin life insurance policy, today it's worth 10 Bitcoin about $1,000,000 but 10 years from now it's still worth 10 Bitcoin probably closer to $10,000,000. This is the difference between a traditional fiat-based life insurance policy and a Bitcoin life insurance policy. Had Bitcoin life insurance policy existed in 2013, this customer wouldn't have the issue of her gift to her loved ones being destroyed by a devaluating dollar. What do you want to leave your loved ones? We at Florida Medicare Broker make insurance easier by also offering life insurance and annuities. If you have any questions about the information provided in this video, please leave a comment below or message us on Facebook or through our website and don't forget to hit that like and subscribe button for more of our Medicare videos. Thank you for watching.