TORONTO, May 9, 2016 /CNW/ - Foresters Financial™ is donating $25,000 to the Canadian Red Cross to help families who have been affected by ongoing wildfires in Fort McMurray and surrounding Alberta communities.
"At Foresters, we are deeply saddened by this terrible disaster that has affected so many families in the Fort McMurray area and surrounding communities," said Tony Garcia, President and CEO, Foresters Financial. "We sincerely hope that our support of the Canadian Red Cross relief efforts will help families through this difficult time and eventually support them in rebuilding their lives and their community."
As part of Foresters commitment to supporting those affected, the following measures have also been implemented to help affected Foresters members and clients through these challenging times:
- Emergency Assistance: Foresters has enacted the Emergency Assistance benefit to all eligible members experiencing significant personal hardship as a result of the wildfires. Members who are directly affected by the wildfires can contact Foresters to receive grants to help with immediate needs.
- Premiums: Members in affected areas who are facing serious financial challenges can contact Foresters to investigate alternative payment arrangements and explore various forms of relief that may best suit their needs.
- Loans and Withdrawals: All requests for loans or withdrawals will be given priority handling. Members will be directed to their Foresters insurance representative to quickly obtain the necessary forms if their access to postal delivery is hampered or they are not in a position to print the forms themselves.
- Death Claims: Foresters has temporarily amended our processing to handle death claims, as members may have difficulty obtaining documentation in the disaster areas. For claim amounts up to $50,000, Foresters will accept a copy of the obituary, rather than the death certificate.
Affected members can contact Foresters toll-free at 800-828-1540 between the hours of 8 a.m. to 8 p.m. EDT, Monday to Friday, or e-mail Foresters at [email protected].
The Canadian Red Cross is a humanitarian charitable organization dedicated to improving the lives of vulnerable people by mobilizing the power of humanity in Canada and throughout the world.
To make a donation in support of Canadian Red Cross relief efforts, visit Alberta Fires Appeal at www.redcross.ca/albertafires. Donations could provide relief for those affected in the form of emergency food, clothing, shelter, personal services and other necessities that assist with recovery and resiliency.
About Foresters Financial
Foresters Financial is an international financial services provider with more than three million clients and members in Canada, the United States and the United Kingdom. We provide life insurance, savings, retirement and investment solutions that help families achieve their financial goals and make a lasting difference in their lives and communities. Foresters Financial has assets of almost $14 billion, total funds under management of almost $34 billion and a surplus of $2.3 billion (all figures in Canadian dollars as of December 31, 2015). For more information, visit foresters.com.
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries. 413770 CAN (05/16)
For further information: Jennifer Peckett, Foresters Financial, 647-290-0125 (NA), [email protected]