To use Sarwa's Black Swan protection product you can following the below steps:
- Open the Sarwa app and navigate to Explore New Products at the bottom of the homepage.
- Select Black Swan Protection and choose the amount you wish to protect (e.g., $100,000).
- Transfer 2% of that amount to your Black Swan protection Account. (e.g., to Protect $100,00 you need to transfer $2,000).
- You can either transfer it from an existing Sarwa Account or deposit new funds
- It will ensure a protection of ~12 months
- Activation takes up to one calendar month, as Universa processes requests during the first week of each month
Note: You can protect a minimum of $50k and up to 150% of the total balance in you Sarwa Accounts.