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Press release from PR Newswire

Assurant Solutions' e-Gift Card Replacement Program Offers Protection for Holiday Gifts

Tuesday, November 09, 2010

Assurant Solutions' e-Gift Card Replacement Program Offers Protection for Holiday Gifts10:24 EST Tuesday, November 09, 2010ATLANTA, Nov. 9, 2010 /PRNewswire/ -- Assurant Solutions new e-Gift Card Replacement program speeds reimbursement for holiday gifts that become broken or damaged. Just in time for the holidays, Assurant Solutions, a leading global provider of extended service contracts, is the first in the industry to offer this service to its consumer electronics and wireless retail clients and their customers. With Assurant Solutions e-Gift Card Replacement program, participating retailers now can issue electronic gift cards to customers who protect their purchases with an extended service plan. If a purchased item should become broken or damaged, the customer can redeem their e-card instantly online or in-store at their convenience.  Previously, if a product covered by an extended service protection plan broke and could not be repaired, customers had to wait several days to receive a refund in order to purchase a replacement. "Extended protection plans offer protection for popular holiday gifts, such as smart phones, laptops and flat-screen TVs," said Joe Erdeman, president of Assurant Solutions extended service protection business. "A broken gift is a bitter disappointment both to the giver and the recipient. Nothing is quicker than an e-Gift Card to replace a broken gift, providing the customer with the funds needed to replace the item in hours instead of days."Unlike many gift cards, Assurant Solutions e-Gift cards won't expire. There are no hidden fees or usage charges that will erode the value over time. In addition, e-Gift cards are easy to replace if lost. Assurant Solutions businesses develop, underwrite, market and administer extended service contracts and other risk management solutions through relationships with leading financial institutions, retailers, automobile dealers and other entities. With operations in 25 locations, Assurant Solutions serves clients and their customers in 12 countries throughout North America, the Caribbean, Latin America, Europe and Asia.  www.assurantsolutions.comAssurant Solutions is part of Assurant, a premier provider of specialized insurance products and related services in North America and select worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has over $26 billion in assets and $8 billion in annual revenue. www.assurant.comSOURCE Assurant SolutionsFor further information: Patrice Eastham, VP, Business Communications, Assurant Solutions, +1-770-763-2740, patrice.eastham@assurant.com