Insurance Provider Metromile Accepts Crypto For Payments Of Premium And Claims

Insurance paid with crypto. 

Leading digital insurance platform Metromile has announced they will accept cryptocurrencies for premium payments as well as pay claims in cryptocurrencies.

The insurance company will be the first to do both to further drive crypto adoption.

To start this new initiative, the company announces to purchase 10 million of bitcoin in Q2 2021.

The company’s move to integrate cryptocurrency in payments for premium and claims is essential in embracing the growing digital and blockchain space.

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