INDIANAPOLIS, Ind.,
March 20, 2017 /PRNewswire/ --
InsuraTech, a James Allen Insurance Company, announced today it
would be partnering with Voldico Insurance and Well Insurance to
market a new policy to cover lost income of online storefront
operators in the case of an unexpected suspension. With a maximum
coverage limit of $1,000,000 and a
zero-dollar deductible, the first-of-its-kind online sellers income
protection policy will cover up to 90 days of revenue loss per
fiscal year due to sudden suspension from online retail fronts.
"There is a lot of fear amongst sellers in the online community
of having their account suspended with no access to their revenue,"
Tim Craig, CEO of James Allen
Insurance, said. "We have created a product to pay for their lost
revenue and provide peace of mind to every seller who purchases our
coverage."
In addition to daily coverage of revenue losses, claiming
policyholders will also have coverage up to $500 to hire a reinstatement specialist to get
their online business in good standing again.
Interested online sellers can apply online in three minutes to
determine their annual premium, coverage limit and download their
policy to protect their revenue stream from an unexpected
suspension.
About InsuraTech
InsuraTech is a wholly owned subsidiary of James Allen Insurance
with a focus on providing coverage of digital assets for the retail
and education industries. Partnered with Underwriters at Lloyd's of
London, the oldest insurer
worldwide, InsuraTech strives to bring peace of mind to its
policyholders in times of distress and insecurity. For more
information about InsuraTech's services and program details, please
visit www.insuratech.net.
Contact: Tim Craig, CEO Voice:
1.800.965.5580 E-mail: tim@insuratech.net
Related Links
Apply for Coverage
InsuraTech Web
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SOURCE InsuraTech