Protect a single item ONE TIME with Item Insurance!
Item Insurance can be used to save one of your items on death. Apply any weapon or armor to the insurance and as long as you have the insurance with you on death that item will be protected and given back to you. Insurance will be consumed on death to protect your item.
NOTE: Insurances completely rely on if the server can process your death. Server lag may possibly make them not work. Do not fully rely on insurances as server lag spikes can still make anything bug out.