215-855-1115

PROPERTY CLAIM PAYMENTS

The InsurCard Prepaid Card is designed specifically for the payment of property, auto, liability and catastrophe insurance claims.

 

PROPERTY CLAIM PAYMENTS

The InsurCard Prepaid Card is designed specifically for the payment of property, auto, liability and catastrophe insurance claims.

 

Property Claims Instant Issue

The InsurCard Prepaid Card is designed specifically for the payment of insurance claims. From property and auto to liability and catastrophe claims, InsurCard provides safe, guaranteed payments on a Mastercard® Prepaid Card that can be issued in the field. The instant-issue InsurCard allows the claimant immediate and easy access to their funds for emergency and short-term cash needs at any ATM or merchant where Mastercard debit cards are accepted. The card can be reloaded for additional living expenses, supplemental payments, or settlement.

DID YOU KNOW…

Check issuance and post-issuance costs run $7-$14 per check. InsurCard costs a fraction of the cost of checks and can be reloaded for even greater savings.

Benefits

  • Funds are available immediately to the policyholder with no time delay for check clearances and no check means no check cashing fees

  • Cards may be used at banks, ATMs, and merchants, wherever Mastercard debit cards are accepted

  • All funds on the card are fully protected against loss or theft

  • Cardholder has greater control over funds through availability of a website and automated phone system for balance inquiries and simple transactions
  • Customer service support is toll-free live bilingual 24/7

The InsurCard Advantage

  • The program includes all components needed to startup quickly. No system integration is required when using our web portal. Optional web services API for full claims system integration. Meets banking and insurance regulations.

  • Cards can be dispersed rapidly to policyholders when a disaster hits. The InsurCard Prepaid Card is activated real-time in the field and the funds are immediately available.

  • The insurer controls the payment process and links each card to a specific policyholder and claim file. InsurCard can even be used by independent adjusters since cards have no value until the insurer authorizes payment.

  • Unlike checks, funds on lost, stolen, or damaged cards are fully protected, and your deposits are FDIC insured up to $250,000

DID YOU KNOW…

Check issuance and post-issuance costs run $7-$14 per check. InsurCard costs a fraction of the cost of checks and can be reloaded for even greater savings.

Benefits

  • Funds are available immediately to the policyholder with no time delay for check clearances and no check means no check cashing fees

  • Cards may be used at banks, ATMs, and merchants, wherever Mastercard debit cards are accepted

  • All funds on the card are fully protected against loss or theft

  • Cardholder has greater control over funds through availability of a website and automated phone system for balance inquiries and simple transactions
  • Customer service support is toll-free live bilingual 24/7

The InsurCard Advantage

  • The program includes all components needed to startup quickly. No system integration is required when using our web portal. Optional web services API for full claims system integration. Meets banking and insurance regulations.

  • Cards can be dispersed rapidly to policyholders when a disaster hits. The InsurCard Prepaid Card is activated real-time in the field and the funds are immediately available.

  • The insurer controls the payment process and links each card to a specific policyholder and claim file. InsurCard can even be used by independent adjusters since cards have no value until the insurer authorizes payment.

  • Unlike checks, funds on lost, stolen, or damaged cards are fully protected, and your deposits are FDIC insured up to $250,000

The Ten Steps of the InsurCard Process for Property Claims

STEP 1

Inactive InsurCards are issued to field adjusters.

STEP 2

After an accident, adjuster inspects loss and authorizes payment.

STEP 3

Records loss in insurers system.

STEP 4

InsurCard is loaded and activated by adjuster for short-term cash needs.

STEP 5

Policyholder is given InsurCard and instructed in use.

STEP 6

Policyholder uses InsurCard for emergency repairs and ALE.

STEP 7

Bank provides 24/7 cardholder support by phone and web.

STEP 8

Adjuster authorizes additional payments to claimants based on damage.

STEP 9

Additional funds loaded onto the same InsurCard.

STEP 10

Bank provides Insurer with reconciliation and statistical reporting.

The Ten Steps of the InsurCard Process for Property Claims

STEP 1

Inactive InsurCards are issued to field adjusters.

STEP 2

After an accident, adjuster inspects loss and authorizes payment.

STEP 3

Records loss in insurers system.

STEP 4

InsurCard is loaded and activated by adjuster for short-term cash needs.

STEP 5

Policyholder is given InsurCard and instructed in use.

STEP 6

Policyholder uses InsurCard for emergency repairs and ALE.

STEP 7

Bank provides 24/7 cardholder support by phone and web.

STEP 8

Adjuster authorizes additional payments to claimants based on damage.

STEP 9

Additional funds loaded onto the same InsurCard.

STEP 10

Bank provides Insurer with reconciliation and statistical reporting.

Call Today

215-855-1115

Call Today

215-855-1115

InsurCard® is the leading issuer of debit cards for the payments of property claims and casualty claims. Workers’ Compensation claim payments are made with state approved prepaid programs for injured worker benefits.

Get More Information

Have a question about the InsurCard programs? Speak with an associate today.

Share With An Associate

Share this page with friends and business associates through social media and email.

InsurCard® is the leading issuer of debit cards for the payments of property claims and casualty claims. Workers’ Compensation claim payments are made with state approved prepaid programs for injured worker benefits.

GET MORE INFORMATION

Have a question about the InsurCard programs? Speak with an associate today.

SHARE WITH AN ASSOCIATE

Share this page with friends and business associates through social media and email.

SALES & PRODUCT INFORMATION
Phone: 215-855-1115
Email: muehling@InsurCard.com

CORPORATE CUSTOMER SERVICE
Phone: 215-855-1115
Email: support@InsurCard.com