independent start - up Jumpstart has launched a range of products aimed at providing more efficient pay - outs following natural disasters . Customers can sign up to a policy online and are then paid out automatically with a pre - defined sum following a claim . Jumpstart said the payment would be used in whatever way required for customers to get back on their feet . The firm would initially offer coverage protecting against earthquakes in 2011 .
Insurance start-up Jumpstart has launched a form of coverage aimed at providing more efficient pay-outs following natural disasters. Customers can sign up to a policy online and are then paid out automatically with a pre-defined sum following a claim. Jumpstart said the payment can be used in whatever way required for customers to get back on their feet. The firm will initially offer coverage protecting against earthquakes in California.