Tuesday, February 24, 2009

Insurance Company to Offer Prepaid Cards to Customers

According to Pacific Business News, First Insurance Company of Hawaii customers will be able to get immediate help through a new partnership with a prepaid card program. InsurCard, a wholly owned subsidiary of Service Network Design, and First Insurance offer prepaid cards to cover eligible policyholders’ immediate needs in the event of a hurricane or other major disaster. Do you think insurance providers in the continental US will follow suit, i.e. with flood and fire protection? We'd like to hear your thoughts.

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