Homeowners can now pay for losses with a credit card-type innovation introduced by The Hartford. Owners can now opt to receive their claim settlements in the form of The Hartford Insurance Claim Card, a stored value Visa card, instead of a check. Programmed with a designated dollar amount, the claim card is similar to a pre-funded debit card. The Hartford Insurance Claim Card may be used at the more than 19 million location worldwide that accept Visa, including retailers, ATMs, bank and the Internet to speedily get money to customers in need.
The Hartford is piloting its program in 25 states and expects to make it available countrywide later this year. Initially, the claim card will be offered to policyholders of the company’s homeowners coverage, with expansion to automobile and other personal insurance customers planned for the near future.
Topics Homeowners
Was this article valuable?
Here are more articles you may enjoy.
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud 
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It 
Business Interruption Claims Arising From the Middle East Conflict 
