Meanwhile

About Meanwhile

Meanwhile is the first life insurance company that offers whole life policies denominated in Bitcoin, allowing policyholders to leverage their Bitcoin assets for tax-advantaged savings and fixed death benefits. This approach enables families to secure their financial future while mitigating estate tax burdens associated with increasing Bitcoin valuations.

```xml <problem> Traditional whole life insurance policies are denominated in fiat currencies, which can be subject to inflation and currency devaluation, potentially eroding the long-term value of the policy. Policyholders seeking exposure to Bitcoin's potential upside lack a way to integrate this asset into their life insurance and estate planning strategies. </problem> <solution> Meanwhile offers whole life insurance policies denominated in Bitcoin, providing a way for Bitcoin holders to leverage their assets for tax-advantaged savings and fixed death benefits. The policies allow individuals to secure their family's financial future while potentially mitigating estate tax burdens associated with increasing Bitcoin valuations. Policyholders can also borrow Bitcoin against the policy, providing liquidity without selling their holdings. </solution> <features> - Whole life insurance policies denominated in Bitcoin - Fixed death benefit paid out regardless of when death occurs - Tax-advantaged savings with tax-free compounding - Option to borrow Bitcoin against the policy - Death benefit scales with Bitcoin holdings to help cover estate taxes </features> <target_audience> The primary target audience is Bitcoin holders seeking to integrate their digital assets into their long-term financial planning, including life insurance and estate planning. </target_audience> ```

What does Meanwhile do?

Meanwhile is the first life insurance company that offers whole life policies denominated in Bitcoin, allowing policyholders to leverage their Bitcoin assets for tax-advantaged savings and fixed death benefits. This approach enables families to secure their financial future while mitigating estate tax burdens associated with increasing Bitcoin valuations.

Where is Meanwhile located?

Meanwhile is based in San Francisco, United States.

When was Meanwhile founded?

Meanwhile was founded in 2022.

How much funding has Meanwhile raised?

Meanwhile has raised 20000000.

Who founded Meanwhile?

Meanwhile was founded by Zachary Townsend.

  • Zachary Townsend - CEO
Location
San Francisco, United States
Founded
2022
Funding
20000000
Employees
9 employees
Major Investors
Lachy Groom, Sam Altman
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Meanwhile

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Meanwhile is the first life insurance company that offers whole life policies denominated in Bitcoin, allowing policyholders to leverage their Bitcoin assets for tax-advantaged savings and fixed death benefits. This approach enables families to secure their financial future while mitigating estate tax burdens associated with increasing Bitcoin valuations.

meanwhile.bm700+
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Crunchbase
Founded 2022San Francisco, United States

Funding

$

Estimated Funding

$20M+

Major Investors

Lachy Groom, Sam Altman

Team (5+)

Zachary Townsend

CEO

Company Description

Problem

Traditional whole life insurance policies are denominated in fiat currencies, which can be subject to inflation and currency devaluation, potentially eroding the long-term value of the policy. Policyholders seeking exposure to Bitcoin's potential upside lack a way to integrate this asset into their life insurance and estate planning strategies.

Solution

Meanwhile offers whole life insurance policies denominated in Bitcoin, providing a way for Bitcoin holders to leverage their assets for tax-advantaged savings and fixed death benefits. The policies allow individuals to secure their family's financial future while potentially mitigating estate tax burdens associated with increasing Bitcoin valuations. Policyholders can also borrow Bitcoin against the policy, providing liquidity without selling their holdings.

Features

Whole life insurance policies denominated in Bitcoin

Fixed death benefit paid out regardless of when death occurs

Tax-advantaged savings with tax-free compounding

Option to borrow Bitcoin against the policy

Death benefit scales with Bitcoin holdings to help cover estate taxes

Target Audience

The primary target audience is Bitcoin holders seeking to integrate their digital assets into their long-term financial planning, including life insurance and estate planning.