News
09
Note: On April 10, 2015, Illinois Governor Bruce Rauner declared DeKalb and Ogle counties state disaster areas after severe storms and tornados affected areas of Rochelle and Fairdale. As a result of this current disaster in the State of Illinois, some of our policyholders may experience disruption of mail delivery and displacement from their residences, businesses, and other properties.

To help ensure that those affected by this disaster (insureds in DeKalb and Ogle counties) do not suffer unnecessary hardship, Standard Mutual is taking the following actions:

• Moratorium on Cancellations and Non-Renewals: Any cancellation or non-renewal notice issued on or after April 9, 2015 on any in-force policy issued to an affected policyholder or respecting affected property will be withdrawn and the policy will be reinstated with no lapse in coverage. In addition, we will not issue any new cancellation or non-renewal notices to affected policyholders or for affected property until June 9, 2015, or a later time if deemed reasonable given an individual policyholder’s circumstance.

• Other Insurance-Related Time-Period Extensions: Affected policyholders will be granted an extension of any and all policy provisions or other requirements that impose a time limit for an insured or claimant to perform any act, including the submission of a claim or proof of loss, reporting of information, submission of bills, or payment of funds. The extension shall be for a minimum of 60 days from the last date allowed or required under the terms of the contract.

• Time-Period Extension For Repairs: In the event that repairs on affected property cannot be completed within the time period required under any policy, or within the 90-day time period for repairs prior to termination due to condition of the property, we will provide insureds with an extension of not less than 60 days to make such repairs.

• Cancellation or Non-Renewal Respecting Affected Property: Although otherwise allowed under Illinois law, we will refrain from cancelling or non-renewing insurance policies respecting affected property due to an “increase in the risk originally accepted”.

• Other Exceptions: We will consider exceptions to policy or contract requirements, or to other rating or underwriting rules, when such contractual requirements or rating or underwriting rules are not met as a result of this disaster.

Policyholders should be made aware of the availability of the Illinois Department of Insurance for filing a complaint regarding any disaster-related dispute or issue. Policyholders may call the Department’s toll-free complaint hotline at 1-866-445-5364, or file a complaint online at: http://insurance.illinois.gov/Home/ComplaintLinks.asp

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Standard Property and Casualty Insurance Company
1028 South Grand Avenue West | Springfield, Illinois 62704
email: support@standardmutual.com
phone: 866-469-3968 | fax: 217-793-1216


Standard Property and Casualty Insurance Company
1028 South Grand Avenue West
Springfield, Illinois 62704

email: support@standardmutual.com
phone: 866-469-3968 | fax: 217-793-1216