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Bond-Backed Loan Insurance Cover

Details

Protects investors who hold tokens representing bond-backed loans (Bond-Backed RWAs) in case of critical events that may result in capital loss.

To generate a suggested Portfolio Value, enter the wallet addresses that make up your portfolio. Once you enter the addresses, we use DeBank to calculate your portfolio's value. This is shown as the Suggested value.

0/10 addresses
Max: 2,250 ETH
28 days↔365 days
28days

Cover protects the total value of assets deposited into the protocols and sub-protocols included in this plan from one or more wallet addresses. You can add one wallet address or multiple addresses in the field above. Cover will only apply to the address or addresses you include in the Covered Wallet Addresses field.

Terms & conditions

This cover protects against a loss of funds due to

Smart contract exploits or hacks
Severe oracle failure or manipulation
Severe liquidation failure
Governance attacks
Loan impairment due to a critical infrastructure event in the insured ecosystem
Credit default by the bond issuer failure to repay principal or interest
Significant credit rating downgrade (e.g., from A to BB)
Missed or delayed coupon payments interest
Inability to exit bond position at fair market value due to low secondary market liquidity
Legal or regulatory changes making the bond untradable or non-redeemable

Supported Tokens

PUSDPLUME

Risk Levels

Low RiskMedium RiskHigh Risk

Risk levels indicate the potential volatility and risk associated with this insurance product.

Insured Assets

nest treasury vaultnest credit vaultnest institutional vault

These are the specific assets and vaults covered by this insurance policy.

Cover Chains

Protects assets deposited in the protocols and sub-protocols included in this plan on all EVM-compatible chains. See DefiLlama for a complete list.

This cover has these exclusions, including but not limited to

Asset depegging (e.g., price instability of the underlying token)
Bridge infrastructure failures
Frontend attacks with no impact on smart contracts
General market yield fluctuations
Daily price volatility of the bond
Minor or short-term liquidity issues
Non-blocking regulatory changes
Third-party fraud unrelated to the asset or issuing platform
Claims based on disappointment in investment performance
General Exclusions
Losses from the depeg of any asset
Losses due to bridge infrastructure
Losses due to frontend attacks or compromised websites where the protocol is unaffected

Deductible

  • 5% of the insured amount

Filing a Claim

  • • Claims can only be filed for wallets covered at the time of purchase
  • • Claims can be filed 14 days after the incident
  • • Claim submission window closes 35 days after coverage ends

Important Notes

  • • This is a Discretionary Mutual Cover not a regulated insurance contract
  • • All claim approvals are made by Blocksure DAO token holders, similar to the governance model used by Nexus Mutual

This cover is not a contract of insurance. Cover is provided on a discretionary basis with Blocksure DAO members having the final say on which claims are paid. Read the complete cover wording here.

Overview

0.1% Slippage
Listing
🔐
Bond-Backed Loan Insurance Cover
Portfolio Value1 PLUME
Cover Period27/07/2025 - 24/08/2025
Annual Fee4.55%
Example Premium
1,000 PUSD
3.70 PUSD
Cover Cost
0.0035