Digital Assets: Personal and Memorable

Digital assets are very personal and need to be secured in case the worst were to happen.

Buying a car, ordering groceries, making investments and purchasing life insurance. Pretty much everything is online these days. There could be a lot of unnecessary and unimportant information out there that you don’t care about, but we know for a fact that you have lots of memories and valuable digital assets as well.

What is a digital asset? 🖥

Simply put, a digital asset is an electronic file (text, audio, video, image, and even your account passwords! 🔐) that comes with a right to use. These files can legally only be used by you or with your permission/authorisation. This means that copyrighted information © or any cryptocurrency you hold are digital assets, whereas a public Instagram comment you made yesterday is not. While it is not a technical distinction, monetary or sentimental value is also a good way to distinguish your digital assets. Basically, you can break your digital assets down into two broad types.

  1. Information that holds a monetary value (or gives you access to other files that do)
  2. Files that you deem personally valuable

Now that we know what a valuable digital asset is, the question that naturally follows is: How important are these assets?

Life online

We practically live our 21st-century lives on the internet. Every moment of every day, thousands of memories, works of art 🖼 and important business deals are uploaded to the web. These files hold the key to our lives, both personal and professional.

The passwords to your cloud and social communication accounts give you access to precious information that you use almost every day. The loss or theft of any of these passwords can wreak havoc on your personal and social life. 👥 This makes it extremely important to make sure you have backups readily available. We advise you to make sure that these backups are accessible to someone close to you. Here’s why.

What happens to your digital assets when you die? 🤔

Big Tech companies adopting problematic asset protection policies is more than just the plot of an eerie Black Mirror episode. Many companies such as Google and Facebook have strict policies that do not allow anyone to access a person’s social accounts after their death. This results in the deceased person’s accounts being disabled or permanently locked out.

There have been so many cases where family members have been unable to access their loved ones’ last memories or even a few pictures because they could not obtain the passwords to their social accounts. This naturally causes immense trauma and families struggle to keep memories alive. In a way, your digital assets are the bits of information that piece your life together. These snapshots of your life can hold a lot of value for a loved one, especially after your death. Apart from this, these assets may also have the key to your finances.

If no one produces the passwords to your banking/cryptocurrency accounts after your death, they will likely permanently lose access to the money. This is why it is imperative to make sure at least one of your loved ones has easy access to all of your digital assets. 🔑 Your digital asset management, insurance policies and wills can easily be modified to add clauses that allow a few authorised people to have unrestricted access to your information after your death. And put them in a will, it's so very important.


You may need to read a little more to fully understand the expanse and importance of digital assets. We recommend you read verified articles to fully educate yourself about the topic. We offer easy to operate life insurance and digital will services that help you fully secure your digital assets. We make sure your loved ones always have access to what’s rightfully theirs. 👪

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FF Bequest Limited, trading as Bequest, is authorised and regulated by the Financial Conduct Authority with firm reference number 923791. You can check our authorisation on the FCA Financial Services Register by visiting the following website: register.fca.org.uk . We are registered in England and Wales, Registered office address: Founders Factory, Northcliffe House, London, United Kingdom, W8 5EH. Company Number 12367897.

Regulated by the Information Commissioner's Office (ICO) [ZA662891]. “Bequest" is trademark protected by FF Bequest Limited (UK00003452648). FF Bequest Limited is registered in England and Wales, No 12367897.

0203 916 5433

FF Bequest Limited, trading as Bequest, is authorised and regulated by the Financial Conduct Authority with firm reference number 923791. You can check our authorisation on the FCA Financial Services Register by visiting the following website: register.fca.org.uk . We are registered in England and Wales, Registered office address: Founders Factory, Northcliffe House, London, United Kingdom, W8 5EH. Company Number 12367897.

Regulated by the Information Commissioner's Office (ICO) [ZA662891]. “Bequest" is trademark protected by FF Bequest Limited (UK00003452648). FF Bequest Limited is registered in England and Wales, No 12367897.

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