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, Catastrophe, Liability Claims

InsurCard Claims Programs are designed specifically for the payment of Property/Liability claims, settlements, and rebates. InsurCard provides safe, guaranteed payments that can be administered to meet the client’s requirements.

For those experiencing catastrophic or major property damage, immediate payment programs give claimants quick and easy access to their funds for emergency and short-term cash needs. Additional funds can be loaded as needed.

Our payment programs are also a vehicle for paying large numbers of claimants efficiently and economically. This program is used by Companies who need to reimburse consumers, provide rebates, or class action settlement awards.

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

  • Offers the latest electronic payments options

  • Able to give claimants a choice of payment methods

  • Funds are available immediately to the policyholder

  • Program is built to improve all methods of Property/CAT Claim handling: Onsite, Phone Intake, CAT Centers, & More…

  • Saves cost of issuing payments by check

  • Reduces work for adjusters

  • Tracks electronic payments in real-time from initiation to the claimant’s hands

  • Cardholder has greater control over funds through the 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.
  • Payments can be dispersed rapidly to policyholders when a disaster hits. A virtual card can be sent and the funds are immediately available.
  • The insurer controls the payment process and links each payment to a specific policyholder and claim file.

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

  • Offers the latest electronic payments options

  • Able to give claimants a choice of payment methods

  • Funds are available immediately to the policyholder

  • Program is built to improve all methods of Property/CAT Claim handling: Onsite, Phone Intake, CAT Centers, & More…

  • Saves cost of issuing payments by check

  • Reduces work for adjusters

  • Tracks electronic payments in real-time from initiation to the claimant’s hands

  • Cardholder has greater control over funds through the 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.
    • Payments can be dispersed rapidly to policyholders when a disaster hits. A virtual card can be sent and the funds are immediately available.
    • The insurer controls the payment process and links each payment to a specific policyholder and claim file.

    The Ten Steps of the InsurCard Process for Property Claims

    STEP 1

    Claimant reports damage to insurer

    STEP 2

    Insurer’s processor messages claimant with choices of payment type

    STEP 3

    Claimant selects payment method

    STEP 4

    Payment is executed based on method chosen

    STEP 5

    Claimant receives payment immediately with debit card, 1-2 days with direct deposit, or approximately one week for a check

    STEP 6

    Claimant use funds for emergency repairs and ALE

    STEP 7

    Claimant support is provided 24/7 by phone and web

    STEP 8

    Adjuster authorizes additional payments to claimants based on damage

    STEP 9

    Additional funds are loaded as needed

    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.

    CORPORATE HEADQUARTERS
    1741 Valley Forge Road
    Unit 633
    Worcester, PA 19490

    SALES & PRODUCT INFORMATION
    Phone: 215-855-1115
    Fax: 215-855-1117
    Email: muehling@InsurCard.com

    CORPORATE CUSTOMER SERVICE
    Phone: 215-855-1115
    Fax: 215-855-1117
    Email: support@InsurCard.com