💰What Is Trade Insurance?

Trade insurance is a form of option contract that offers payouts based on the outcome of a yes/no proposition. This is typically related to whether the price of a specific asset will rise above or fall below a predetermined amount. Trade insurance offers a way to turn accumulated capital into productive investments. It provides a safety net to mitigate losses, promote financial stability, and encourage trade and commerce activities, all of which contribute to sustainable economic growth and development.