Fidelity Life announces earthquake support in press release below:
FIDELITY LIFE ANNOUNCES EARTHQUAKE SUPPORT
Fidelity Life has today announced support for advisers and policyholders following yesterday’s devastating earthquakes.
Advisers are being encouraged to offer their life insurance clients who have been affected by financial hardship from the earthquake the opportunity to waive their risk insurance premiums for the next three months.
Policyholders’ insurance cover will stay in place during this period meaning they can still claim if they need to.
In addition, for any valid disability claims accepted during the wait period and arising from the earthquakes, Fidelity Life will make an early payment of the insured’s first monthly benefit during the wait period if there is known or perceived hardship.
This relief package is available on application to clients in the Wellington, Marlborough and North Canterbury regions who meet the hardship criteria. Some people may also be affected in neighbouring regions and support will be extended to those who meet the hardship criteria in Wairarapa, Manawatu, the West Coast and Canterbury on a case-by-case basis.
“Our thoughts are with our advisers, policyholders and their families following yesterday’s devastating earthquakes in Wellington and the South Island,” says Chief Executive Nadine Tereora.
“A number of our policyholders will be experiencing hardship in the weeks and months ahead and we would like to extend a helping hand to our advisers and their clients over this time of uncertainty.”
Policyholders just need to complete a brief Earthquake Relief application form. This form is also available on Fidelity Life’s adviser website under the ‘forms and templates’ section.
Advisers should contact their BDM or Fidelity Life’s Client Services team for assistance on 0800 88 22 88.
ENDS