Producing and distributing Insurance policy wordings to your clients can be a rather costly exercise.
With the Schedule of Insurance and the policy wording forming the basis of the agreement between the insurer and the insured, it is effectively a legal requirement that the client receive the document within 30 days from inception of the policy.
Insure Tech provides a value added product that allows your clients to access their policy wording online via their smartphone.
A QR code is produced which can be included as an image on your clients schedule. When scanned with their mobile device the policy wording will open in a secure HTML5 page. Your clients are also able to upload and share documentation with you or even use their storage to retain or receive a copy of their schedule.
A QR code (abbreviated from Quick Response Code) is the trademark for a type of matrix barcode (or two-dimensional barcode).
Typically, a smartphone is used as a QR code scanner, displaying the code and converting it to your Policy Wording URL.