Business
Intact Financial Corporation continues to help customers manage the impacts of COVID-19
Intact Financial Corporation continues to help customers manage the impacts of COVID-19 ...
About this update from Intact Financial Corporation
[{"type":"text","content":"\n\n\n\nIntact Financial Corporation continues to help customers manage the impacts of COVID-19\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, April 14, 2020\n\n\n\nTORONTO, April 14, 2020 /CNW/ - Over the past month Intact Financial Corporation (TSX: IFC) has been helping impacted customers by providing payment flexibility and premium adjustments to recognize financial hardship and changing driving habits. These efforts have provided individual and business customers across Canada with more than $40 million in relief to date.\n\"Our business exists to help people and that purpose matters now more than ever,\" said Charles Brindamour, CEO, Intact Financial Corporation. \"Our teams are working around the clock to be responsive, and we are providing support to some of our most impacted customers. We continue to encourage customers to contact us so we can find the right solutions that best reflect their changing situation.\"\nIFC is encouraging impacted customers to reach out to access the following ongoing relief measures: \nPersonal auto insurance premium reductions of 15% on average for three months to reflect changes in driving habits Personal auto insurance premium reductions of 75% on average, per month, for as long as customers park and safely store their vehicles Waiving of missed payment fees Flexible payment options including payment deferrals Flexibility for those who are using their cars and homes during the crisis for different purposes like making deliveries and running a business from home Premium adjustments for small and medium sized business customers that are now closed or have been severely impacted from a sales receipts and payroll perspective Premium adjustments for change of use or storage of commercial vehiclesThese relief measures will be in place up until and including June 30, 2020. Customers can easily update information on their personal driving habits online. Intact Insurance customers can contact their broker or fill out a simple form online. belairdirect customers can fill out an online form. Commercial auto custo...