Earthquake 'shake vouchers'
Fast, flexible and affordable insurance solutions
Earthquake parametric insurance product
Earthquakes create devastation and grave financial losses for society. In the aftermath of a disaster, parametric earthquake covers can complement indemnity insurance by providing a fast cash pay out to help earthquake victims attend to short-term needs..
Quick cash after an earthquake
Swiss Re has developed innovative 'shake vouchers' which offer customers a simple, transparent customer journey. These 'Shake vouchers' provide quick cash for insureds to cover incidental losses and expenses.
The policy complements property damage insurance with small monetary amounts based on the shake intensity at the customer's individual location.