Build Insurance Coverage as You Spend
Interesting partnership between Visa and start-up SnackUp. SNACKUP builds on consumers’ shopping habits and rewards them with stackable insurance coverage in the form of rebates when they pay for their purchases with their Visa cards. As the data maturity of payment platforms mature, a whole series of timely trigger based insurance opportunities are likely to arise (eg plane ticket triggers travel insurance offer, bike purchase trigger bicycle insurance offer and so on).
