Lifetime Insurance Clarification - Roberts Space Industries (2024)

Greetings Citizens,

Yesterday’s post brought up a number of questions and comments about Lifetime Insurance. In an effort to clarify and smooth the transition to the new website and to make LTI as fair as possible for all interested groups, we have made some refinements to the system. To begin, we would like to clarify who does and does not have Lifetime Insurance. We have created a useful chart for your reference. The new site will divide users into three groups:

  • “Original Backers” – Backers who pledged before November 26th, 2012.
  • “Veteran Backers” – Backers who pledged between November 26th, 2012 and the end of the grace period on July 6, 2013.
  • “Backers” – Backers who will have only pledged after the end of the grace period on July 6, 2013.
  • Lifetime Insurance Clarification - Roberts Space Industries (1)LTI eligibility chart

    Do I / Can I have Lifetime Insurance?

    This table indicates the ways in which LTI will apply to each of the user groups listed above when the new website goes live.

When the new site launches, everyone will be able to exchange (or “melt”) their current items for credits as many times as they would like for other packages. After a ship is flown in the game, it is flagged as ‘used’ and can not be exchanged for credits on the website, it can only be traded in the game itself. Gifted ships are melted at their original price in order to prevent Original Backers from pledging for lower cost versions of packages and then trading them in at the current price.

In the future, packages will include Standard Hull Insurance which must be renewed after a set period (currently between 1 and 6 months depending on the package) instead of Lifetime Insurance. We want to be absolutely clear that Standard Hull Insurance, which offers the same exact protection, is available to all players in the game. Players simply need to continue to renew it with credits earned in-game. LTI is intended to make this more convenient for our early backers, not to unbalance the game in any way. Insurance does not negate the cost of repairing, rearming or docking your ship. It protects your hull in its current condition and does not allow you to explode a beaten up ship to exchange for a fresh one at no cost.

  • Lifetime Insurance *
    • Replaces your ship hull in the event of destruction or theft.
    • Hull is replaced with an identical model in equivalent condition.
    • Effective indefinitely with no additional in-game fee.
  • Standard Hull Insurance *
    • Replaces your ship hull in the event of destruction or theft.
    • Hull is replaced with an identical model in equivalent condition.
    • Effective for a set period of time: currently one, three or six months.
    • Must be renewed with in-game credits once expired.

* Insurance claims may be denied in cases of proven fraud.

Lifetime Insurance Clarification - Roberts Space Industries (2024)

FAQs

Does LTI matter in Star Citizen? ›

Lifetime Insurance in Star Citizen offers backers a level of security and long-term value that standard policies can't match. While it's not an absolute necessity for gameplay, the peace of mind, economic benefits, and the safeguarding of special ships make LTI a coveted feature for many Star Citizen enthusiasts.

What ships have LTI Star Citizen? ›

The limited number of Vanduul Scythe fighters with LTI sold through on the RSI website during the original pledge campaigns, and the Banu Merchantman and Xi'an Khartu-Al sold through the RSI site during the one year anniversary sale are the only insured alien ships.

What does lifetime insurance mean in Star Citizen? ›

Lifetime Insurance * Replaces your ship hull in the event of destruction or theft. Hull is replaced with an identical model in equivalent condition. Effective indefinitely with no additional in-game fee.

What happens if you lose your ship in Star Citizen? ›

What is insurance? Pilots in Star Citizen will be able purchase insurance policies in-game for their fleet. This ensures that your ship will be replaced should it be destroyed or stolen.

Does insurance matter in Star Citizen? ›

In Star Citizen, Insurance however does not guarantee instant replacement. Instead, when loosing e.g. an insured ship, it will take time for a replacement to be manufactured and shipped to your location. This time substantially increases as by the size & value of your ship.

What happens if you don't have insurance with Star Citizen? ›

What happens if I don't have insurance? Your character will have to buy a new ship with any credits he has, or if he doesn't have enough credits fly missions for a third party (both NPC and player) until he's earned enough to buy his own ship again.

What is the fastest ship to travel in Star Citizen? ›

Features. By far the fastest member of the series, the 350r refocus the 300's power and translates it into pure speed. With three size 3 gun hard-points and a pair of missile racks that can hold a size 2 missile each, the 350r can defend itself if needed.

What is the best carrier ship in Star Citizen? ›

'Large' Cargo Ships
  • Caterpillar: Modular Freighter with detachable command Module. Search & Buy: your Caterpillar, or find Upgrades and Add-Ons; ...
  • Hull B: High-capacity freighter. ...
  • Hercules Starlifter C2: high-capacity vehicle transports. ...
  • Hercules Starlifter M2: military vehicle transport.
Mar 23, 2024

How does lifetime insurance work? ›

Permanent life insurance lasts your entire lifetime and pays out no matter when you pass away, if you keep paying your premium. Two common types of permanent life insurance are whole life and universal life. Final expense life insurance, also called burial insurance, is technically a type of whole life insurance.

How does lifetime life insurance work? ›

A permanent life insurance policy is a contract with a life insurance company to provide protection throughout your entire life, as opposed to term insurance that just provides coverage for a specified number of years. As with term coverage, the death benefit is typically paid out income tax-free to beneficiaries.

Does life insurance last a lifetime? ›

Term life and permanent life are the two main types of life insurance policies. While permanent insurance lasts your entire life, term insurance lasts for a set time period that you choose when you buy a policy — say 10, 20 or 30 years.

What is the most expensive ship in Star Citizen? ›

Each Javelin, Star Citizen's most expensive ship, consists of nearly 2 million polygons. This statistic indicates that the Javelin, a high-end spacecraft in the video game Star Citizen, is composed of a complex digital model consisting of almost 2 million polygons.

Does stealth matter in Star Citizen? ›

Stealth works, but not well. The Hornet Ghost with full laser repeaters, shields on, military powerplant, and civilian quantum drive drops off radar at ~5km. If you drop your shields, go full stealth components, and ballistic weapons, you can drop it to ~2km.

Do you lose ship upgrades in Star Citizen? ›

All ship upgrades are permanent. Once upgraded, a ship cannot be reverted back to its previous state. The only way to revert an upgraded ship is to potentially reclaim your pledge then buy it back. This strips all upgrades on the ship and forcefully returns the original ship with the pledge.

What is the freelancer good for Star Citizen? ›

Focused on exploration & discovery. It has an enhanced jump drive, a more advanced scanner, and an expanded fuel tank. Focused on cargo transportation. With up to 120 SCU capacity, the cargo hold is also capable of carrying a various range of different ground vehicles.

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