InsuraTech to Offer First Ever Income Protection for Online Sellers

PR Newswire — March 20, 2017

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

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