CryptoGuard Insurance: Developer II Policy

1. Introduction: Welcome to the CryptoGuard Developer II Insurance Policy, a 
cornerstone of A Few Bad Newbies LLC's commitment to safeguarding your digital 
assets through individual wallet address insurance. This exhaustive policy document is 
meticulously crafted to provide comprehensive coverage, transparent terms, and 
detailed procedures, ensuring both the security of your assets and the utmost 
confidence for our valued policyholders.

2. Policy Details:

2.1 Coverage: CryptoGuard Developer II introduces an elite level of protection for 
individual wallet addresses, providing 85% of your contributed funds through your 
subscription-based insurance policy for a monthly premium of $2,000. This coverage 
comprehensively addresses risks such as liquidity removal, stolen NFTs, and wallet 
drainage, offering an unparalleled shield for your digital wealth.

2.1.2 Percentage Back: Policyholders under the Developer II tier receive 85% of the 
total money they’ve invested up to the point of a successful claim or early withdrawal 
before penalty, regardless of the amount that has accumulated. The remaining 15% will 
be delegated in the following manner:
• 70% to the Insurance Pool
• 15% to AFBN Revenue Sharing NFT Pool
• 10% to CGI Payroll & Taxes Pool
• 5% to Creator Royalty Pool

2.1.3 Discount: Encouraging annual commitment, CGI Developer II offers a 20% 
discount on the overall cost. The difference between the total cost and premium saved 
will be reimbursed as a deposit to the wallet address listed for insurance upon checkout 
in a timely manner.

2.2 Deductible: In the event of a claim or early withdrawal, a fixed deductible of $750 
applies, streamlining the claims process for a seamless experience.

2.3 Exclusions: Loss of wallet access and platform issues both remain ineligible for 
insurance claims under CryptoGuard Developer II, ensuring clarity in the claims process.

2.4 Minimum Payment Requirement: To initiate a claim, a minimum commitment of 2 
consecutive months of paid subscriptions (by cycle, 60 days) is required, fostering 
ongoing participation and commitment within the CryptoGuard community.

3. Non-Payment Policy: Continuous and timely premium payments are crucial for 
uninterrupted coverage. Failure to make the monthly payment will result in the 
immediate hold of the insurance policy, underlining the importance of consistent 
coverage.

4. Claims Process:

4.1 Submit Claim: Use our user-friendly app to log in, provide essential details, and 
seamlessly submit your claim.

4.2 Documentation: Upload relevant documentation supporting your claim for a 
thorough and efficient assessment.

4.3 Assessment: Our team conducts a comprehensive review, considering provided 
evidence and policy terms. This approach ensures fairness in the claims assessment 
process once the deductible is paid.

4.4 Approval/Denial: Transparent communication is maintained throughout the 
process, with prompt notifications of claim approval or denial. CGI Support Agents 
prioritize finding the truth and ensuring a safe platform experience for all. All verdicts 
are final.

4.5 Burden of Proof: Verifiable proof, including ownership documentation, transaction 
details, and evidence of legitimate rug occurrences, is essential.

5. Verification Methods: Utilizing cutting-edge blockchain analysis and digital 
signatures, we ensure secure and trustworthy proof of ownership.

6. Deductible Payment: The fixed $750 deductible must be paid through various 
methods, including PayPal, Credit or Debit Card, CashApp, Bitcoin Receive Address, or 
Multichain MetaMask Wallet Address. In the event of a Denied or Rejected claim, the 
deductible is non-refundable.

7. Timeliness of Claim:

7.1 Blockchain Timestamp Requirement: Reported incidents must have occurred 
within the last week of when the claim is filed, as determined by the blockchain 
timestamp, ensuring prompt filing and assessment.

7.2 Membership Duration: The coverage period under CryptoGuard Developer II 
extends for 30 days from the date of purchase. To be eligible to make a claim or request 
early withdrawal, the policyholder must have been a paid member for a minimum of 2 
consecutive cycles, which is 60 days.

7.3 Claim Frequency: Policyholders are entitled to make one claim every 6 months, 
promoting responsible utilization of coverage.

8. Membership Renewal:

8.1 Renewal Process: To maintain eligibility for claims, renew membership by making 
the monthly subscription payment before the end-subscription date. Making a payment 
on a policy labeled as “on hold” will renew the subscription, but two full consecutive 
cycles must elapse before eligibility of claim or early withdrawal functionality becomes 
applicable.

8.2 Consequences of Non-Renewal: Failure to renew before the end-subscription date 
results in an immediate policy hold. In such cases, there is a 2-month consecutive 
membership cycle requirement implemented once reinstated, and the policyholder 
cannot make any claims or early withdrawal until the reinstated duration is completed.

9. Cash-Out-Early Function: An early withdrawal function is available, incurring a 25% 
penalty fee for removing the claim amount without making a legitimate claim. 
Completion of this process removes your status as a policyholder, and a new 
subscription must be obtained for coverage.

10. Cancellation and Reactivation: If payment lapses for 1 month, the policy is put on 
hold, rendering the policyholder ineligible for claims or early withdrawal. If payment is 
made before 6 months since non-payment, the policy is reinstated, and the 2-cycle wait 
window begins again. If no payment is made after 6 months, the money is considered 
abandoned and becomes property of CryptoGuard Insurance.

10.1 Allocation: Abandoned funds are allocated as follows:
• 70% to the Insurance Pool
• 15% to AFBN Revenue Sharing NFT Pool
• 10% to CGI Payroll & Taxes Pool
• 5% to Creator Royalty Pool

11. Liability Disclaimer:

11.1 Legal Compliance: Ensure compliance with all applicable laws. Policyholders 
acknowledge their responsibility for compliance with local laws regarding the insurance 
of digital assets.

12. Funding Limitations:

12.1 Insufficient Funds: In the event that the insurance pool lacks the necessary funds 
to fulfill a claim, the payout will be disbursed over 12 months or longer, depending on 
the financial capabilities of the business. This commitment ensures that policyholders 
will receive their entitled funds, even if the payout is extended over a more extended 
period.

13. Policy Amendments:

13.1 Periodic Reviews and Updates: This CryptoGuard Developer II Insurance Policy is 
subject to periodic reviews and updates. Modifications will be communicated through 
the official channels of A Few Bad Newbies LLC.

Your understanding and compliance with the outlined terms are crucial for the success 
of CryptoGuard Developer II Insurance. Thank you for choosing us as your trusted 
partner in digital asset protection.