At launch, there will be no insurance available on transactions. We encourage senders to use postal insurace with valuable packages.
When it comes to insurance provided by Cardsphere, we’re hoping to offer it sometime in the future. That also means getting enough statistics on how often packages go missing or fraud occurs so we can figure out the risk models. The insurance cash pool will be separate from the stored value pool, meaning we will never use cash from one to fund the other. We have risk management professionals ready to assist us when it’s time.