FORT WAYNE, IND., August 29, 2016: Effective August 25, 2016, Brotherhood Mutual began offering Indiana policyholders affected by the recent weather events an additional 60 days to pay their policy premiums, as requested by the state insurance department. The 60-day grace period ends on November 4, 2016.
Policyholders in Allen, Howard, Miami, Montgomery, and St. Joseph counties are included in the insurance department’s 60-day cancellation moratorium.
During this 60-day period, Brotherhood Mutual will not cancel any policy in these areas in the state for non-payment of their policy premium. However, policyholders will continue to receive regular billings while the grace period is in effect.
Brotherhood Mutual’s customer service department will monitor policies in disaster areas to ensure that customers do not receive a cancellation notice before the grace period expires. This action is not a “waiver of premium,” but rather an extension of the grace period that would normally be in place when premiums are not paid by the due date.
The “grace period” offer is optional, so some policyholders in the disaster areas may choose to pay their premiums as scheduled. The offer includes policies that are manually paid through the mail or by Electronic Fund Transfer. In all cases, Brotherhood Mutual will work with agents and policyholders as they repay premiums that would have been due during the 60-day grace period.
If you have questions, please contact your Brotherhood Mutual agent or the company’s customer service department at 800 333-3735.
Thank you for your interest in Brotherhood Mutual. We appreciate the opportunity to provide your church or other ministry with an insurance quote and will reply to your request as soon as possible.
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