Assurant (AIZ) said Wednesday it has launched the Assurant Heavy Truck Extended Service Contract, which offers multiple coverage options for class 8 trucks, including roadside assistance and towing.

The product enables dealers of new and used heavy trucks to offer their customers benefits such as reduced ownership costs and minimized downtime, the company said.

The company's shares were up 1.3% in recent trading.

Price: 195.98, Change: +2.43, Percent Change: +1.26