đĄď¸ Basefund Transaction Insurance
Secure it. Then insure it.
Basefund doesnât just protect your transactionsâwe back them with optional insurance coverage through our partnership with Lloydâs of London, one of the most trusted names in the industry.
Why it matters:
Even with strong internal controls, money movement introduces risk. Fraudsters exploit human error, not just technical flaws. Basefund closes that gap with built-in verification and optional insuranceâgiving you the confidence that your money is protected from start to finish.
â Whatâs Covered?
If a transaction fails due to an error, omission, or issue and youâve added Transaction Insurance, you may be eligible for reimbursementâup to the coverage limit you selected.
đ To Be Eligible, These Must Be True:
Both sender and recipient are authenticated within Basefund
Recipientâs identity has been verified
Bank account details have been validated
Youâve selected a coverage level and agreed to the premium before the transaction begins
If a transaction doesn't meet these criteria, it wonât be covered.
đľ Deductibles Apply
If thereâs a covered loss, the affected party is responsible for a deductible. That amount depends on the coverage level you selected.
đ Need More Details?
This is a high-level summary. The official terms are in your Master Subscription Agreement and the full insurance policyâavailable upon request.
Have questions or want to activate coverage? Reach out: [email protected]