Insulator sleeve for a beverage container

An insulating sleeve combination for a frusto-conical beverage cup, the cup including an outer peripheral surface, the combination comprising:

• an opaque frusto-conical inner sleeve, the inner sleeve including an inner surface for engagement with the outer peripheral surface of the cup, an outer surface adapted for accepting printed indicia, a top edge and a bottom edge;
• a frusto-conical outer sleeve, the outer sleeve including an inner surface for engagement with at least a portion of the outer surface of the inner sleeve, an outer surface, a top edge, and a bottom edge;
• the outer sleeve having an inside diameter sufficient to allow at least partial insertion of the inner sleeve within the outer sleeve such that the inner and outer sleeve are coaxially aligned;
• wherein a pair of living hinges are formed in the outer sleeve between the top and bottom edges of the outer sleeve, each of the living hinges being positioned at opposing inner surfaces from each other such that the outer sleeve may be collapsed to form a generally flat arc shape.