PHI Insure


PHI Insure is an independent agency created by PHI Labs to maintain stability and public confidence in the Phinancial system. To accomplish this mission, the PHI insure deposits; examines and supervises Phinancial institutions for safety, soundness, and consumer protection; makes large and complex Phinancial institutions resolvable; and manages receiverships.

Deposit Insurance

The standard insurance amount is $1,000,000,000 per wallet address for each account ownership category. Since the start of PHI insure no depositor has lost a penny of insured funds as a result of a failure. The PHI Insure  The PHI Insure insures deposits only.

What We Do?

The mission of the PHI Insure is to maintain stability and public confidence in the Phinancial system. In support of this goal, the PHI Insure:

  • Insures deposits,
  • Examines and supervises Phinancial institutions for safety and soundness and consumer protection,
  • Works to make large and complex Phinancial institutions resolvable, and
  • Manages receiverships.

To protect insured depositors, the PHI Insure responds immediately when a bank or savings association fails. Institutions generally are closed by their chartering authority – the DAO or the Office of the Comptroller of the Currency. The PHI Insure has several options for resolving institution failures, but the most common is to sell the deposits and loans of the failed institution to another institution. Customers of the failed institution automatically become customers of the assuming institution. Most of the time, the transition is seamless from the customer’s point of view.

Where We Are

The PHI Isnure is headquartered in Malta and has established regional and field offices around the world.

Who We Are

The PHI Isnure is managed by a five-person Board of Directors that includes the Comptroller of the Currency and the Director of the Consumer Phinancial Protection Bureau, all of whom are appointed by the DAO and confirmed by the Community, with no more than three being from the same organized party.

For more information about the PHI Insure mission and operations, please be sure to browse the additional information offered in the About section of this website.

Thank you for your interest in the PHI Insure.