The volatility is only an issue if you need to convert the bitcoin in the near future. If you are willing to wait, volatility goes in your advantage. Bitcoin is volatile enough that if you wait for maybe a few years you will probably hit a pump that will far exceed the growth of most other investments. You don't even need to sell at the high to do this, the run up is often plenty enough gain.

They were charging 0BTC per ship before, so they come out ahead no matter the current value of the coin. They can change their fees by the day as well.

This isnt an insurance product though. Its “insurance”, aka extortion.