The California State Compensation Insurance Fund announced it will extend credit to policyholders who have suffered financial loss or business disruption caused by the fires in Montecito, Orange County and Sylmar.
To date, more than 900 residences and structures have been lost due to the flames and more than 35,000 acres burned and an untold number of businesses have suffered damages. “With the fires being concentrated in densely populated areas, we understand that these fires have caused significant hardship to some of our policyholders,” said State Fund President Jan Frank. “We are prepared to help our policyholders through credit relief as they return to normal operations.”
SCIF has set up customer service lines to provide assistance to policyholders. The Fund also will work with employers who are unable to report payroll figures or submit payments or have been cancelled for credit for reasons related to the fires. It said representatives will review accounts and grant a 30-day credit extension, a three-month payment plan or if necessary, withdraw cancellation and reinstate the policy.
Policyholders are encouraged to contact the customer service line, 800-388-0902 to make arrangements.
For more information, visit http://www.scif.com/.
Source: SCIF
Topics California Wildfire
Was this article valuable?
Here are more articles you may enjoy.
Insurtech Lemonade Posts $43.7M Loss for Q3 
Delta Air Lines Must Face Lawsuit Over ‘Window Seats’ With No Windows 
Learjet May Have Broken Up Before Fatal Florida Crash, NTSB Says 
AIG Steps Back from NPW Growth Target on Pressure in Some Lines 
