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Article: American Express introduces breakthrough of shopping protection. (American Express Travel Related Services Company Inc.)
- Article from:
- PR Newswire
- Article date:
- November 24, 1987
CopyrightCOPYRIGHT 1987 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AMERICAN EXPRESS INTRODUCES BREAKTHROUGH FORM OF SHOPPING PROTECTION
NEW YORK, Nov. 24 /PRNewswire/ -- American Express Travel Related Services Company, Inc. today introduced Purchased Protection -- an unprecedented new service that insures virtually all retail items against theft, fire, accidental damage or loss for 90 days after purchase with the American Express(R) Card.
Beginning today, items purchased with an American Express Card by all U.S. cardmembers are automatically covered under a policy issued by Insurance Company of North America, up to a maximum limit of $50,000 per cardmember. The service, launched as the holiday season gets ...