In line with a long-standing disaster practice, CUNA Mutual Group is giving a payment break to Tennessee policy holders who are victims of the flooding nearly three weeks ago.
The insurer said it has offered a 90-day moratorium for policy holders on company-initiated cancellations and non-renewals resulting in unpaid premiums because of hardships.
"CUNA Mutual will stand by its credit union customers and help them through this disaster," said Jeff Post, president/CEO in commenting on the directive applying to policyholders throughout the state. The worst of the record-setting floods was in metro Nashville as any number of CU employees and members suffered damages to homes and businesses.
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