Digital Estate Insurance 101

Frequently Asked Questions

Digital Estate Insurance

What is Digital Estate Insurance?

What are some examples of delayed access or loss of digital assets?

Why would I need a high level of coverage?

Can I pay my premiums on an annual basis?

Digital Estate Management

What is Digital Estate Planning?

Does my Digital Estate Plan Remain Private?

What happens if I don’t have a Digital Estate Plan?

Is a Digital Estate Plan the same as a Will?

What is a Digital Executor?

What are Digital Assets?

What are Examples of Digital Assets?

Settling the Digital Estate

If something happens to me, how does Noni find out?

What does Noni do next?

Can Noni close down online accounts that I direct?

Digital Estate Insurance

What is Digital Estate Insurance?

Digital Estate Insurance insures your estate against monetary losses of your digital assets for any delay or lack of access by your beneficiaries.


What are some examples of delayed access or loss of digital assets?

As an example, should you have cryptocurrency to be transferred and Noni fails to distribute these passcodes to your designated transferees, your estate would be reimbursed for the then value of that cryptocurrency.


Why would I need a high level of coverage?

Most policies require lower levels of coverage. If you hold cryptocurrency, you should consider coverage that covers the value of your crypto portfolio.


Can I pay my premiums on an annual basis?

Currently, premiums can only be paid on a monthly basis.


Digital Estate Management

What is Digital Estate Planning?

Digital Estate planning allows you to protect your phone, computer, online accounts, crypto assets, photos, and other properties stored digitally in case you die or become incapacitated. The law makes it possible for you to design and control your Digital Estate plan, and to give consent to a Digital Executor(s) to access your Digital Assets and follow your wishes should you die or become incapacitated.


Does my Digital Estate Plan Remain Private?

Yes. Your Digital Estate Plan remains secure and accessible only by you. No need to share passwords or other credentials with your loved ones in advance.


What happens if I don’t have a Digital Estate Plan?

With no plan, your loved ones will most likely struggle to ensure continuity or discontinuation of online accounts and distribution/transfer of other Digital Assets. A prolonged settlement of your estate can persist.

  • Online bill pay services become subject to interruption (utilities, mortgage).
  • Crypto assets such as bitcoin may never be accessible by your loved ones
  • Delayed access to critical banking information
  • Discretionary online subscription costs pile up
  • Valuable photos may be permanently lost
  • Months or years can go by without resolution.

Is a Digital Estate Plan the same as a Will?

No. A digital estate plan is a legal extension of your Will typically solidified with a Codicil (Amendment to your will) or incorporated directly by reference.


What is a Digital Executor?

A digital executor is one or more individuals you authorize to gain access to your digital assets if you die. They are responsible for managing this property in accordance with your wishes detailed in your Digital Estate Management Plan. Examples include your spouse, partner, friend or business partner.


What are Digital Assets?

“Digital assets” is a broad term that includes a range of electronic records – from social media accounts, to digital photos, to email, to online financial accounts. Digital assets also includes devices that contain digital information such as your phone or personal computer.


What are Examples of Digital Assets?

Devices such as your phone, tablet, computer, and thumb drive.

Crypto assets such as Bitcoin and NFTs.

Online accounts such as email, online banking, utility, mortgage, investment, business entertainment, and social media accounts.

Electronic files such as digital photos & videos, mp4, PDF, MS-Word, and MS-Excel files.


Settling the Digital Estate

If something happens to me, how does Noni find out?

If something happens to you, your friend or family member can reach out to us and we’ll start the process right away. It’s a good idea to let these people know in advance that you’ve chosen Noni for your digital estate.


What does Noni do next?

Once notified, the Noni team takes measures to verify the life event and the identity of your chosen Digital Executors. Once this is confirmed, your Digital Executors are securely provided with your specific instructions for them for each of your digital assets chosen.


Can Noni close down online accounts that I direct?

Yes. You can have Noni close certain accounts like online shopping accounts that you don’t want to burden your loved ones with. In this case, just choose Noni as your Digital Executor for the specific accounts you’d like us to close.


Insure your digital estate today