Meanwhile
Bitcoin-denominated life insurance with premiums, cash value, and death benefits all in BTC for long-term holders seeking tax-advantaged wealth transfer.
Why We Recommend Meanwhile
Meanwhile operates as a fully licensed life insurance company regulated by the Bermuda Monetary Authority (BMA), having graduated from the BMA's innovation sandbox to become a Class IILT long-term insurer. This regulatory framework subjects the company to Solvency II-style capital and reserve requirements similar to major global insurance jurisdictions.
The company has raised over $122 million in funding from prominent institutional investors including Bain Capital Crypto, Haun Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, Framework Ventures, and Fulgur Ventures. Early seed rounds were co-led by notable figures including executives from OpenAI, ex-Stripe leadership, and Google-backed Gradient Ventures.
Meanwhile generates yield on its reserves through secured and over-collateralized Bitcoin lending to institutional counterparties such as market makers, miners, and asset managers, described as conservative private credit rather than speculative trading. The company emphasizes this approach aligns with traditional insurance asset management practices while remaining Bitcoin-native. However, detailed custody arrangements, proof of reserves, and third-party security audits have not been publicly disclosed, which represents a transparency gap compared to established custodians.
Best For
Meanwhile is purpose-built for long-term Bitcoin holders, typically individuals aged 35-55 who have accumulated significant BTC and want to incorporate it into estate planning and wealth transfer without converting to fiat. These users believe in Bitcoin's long-term appreciation and want their insurance coverage, cash value growth, and death benefits to remain denominated in BTC.
The product particularly appeals to those seeking tax-advantaged structures for their Bitcoin holdings. Whole life policies allow cash value to grow in BTC terms with potential tax advantages, and policy loans against accumulated value can provide liquidity without triggering taxable events. For families where the primary earner holds substantial Bitcoin, Meanwhile offers a way to protect dependents while keeping generational wealth in Bitcoin.
This is explicitly not designed for crypto-curious newcomers or those seeking diversified cryptocurrency exposure. It requires meaningful Bitcoin holdings, comfort with regulated insurance processes including full KYC and medical underwriting, and strong conviction in Bitcoin's multi-decade value proposition.
Services & Features
- Whole life insurance (BTC-denominated)
- Term life insurance in Bitcoin
- Ten-Pay Whole Life (0.25 BTC minimum)
- BTC policy loans against cash value
- Accelerated death benefit rider
- Chronic illness rider
- AI-powered underwriting
- Digital policy management portal
Considerations
Available in US and Canada with state-by-state availability varying (some states like Arkansas, Alabama, New Jersey, Mississippi not yet supported). Bitcoin-only: no fiat payment options, no other cryptocurrencies accepted. Requires full KYC, medical underwriting, and financial suitability assessment similar to traditional insurers. As a new company (launched 2023), there is limited claims history and long-term performance data. Bermuda domicile may complicate cross-border claims for some beneficiaries. Detailed fee schedules, loan interest rates, and surrender charges are not publicly disclosed—requires requesting a policy illustration.
