April 15, 2020
BLOOMINGTON, Ill. – COUNTRY Financial® announced today every client with a personal auto insurance policy as of April 1, 2020 will receive a 15% refund for two months of auto premium in anticipation of a decrease in driving activity in April and May. The refund is part of the company’s ongoing efforts to assist clients during these challenging times.
“Our clients are doing their part during COVID-19 and staying home. That means fewer accidents and lower claims costs,” said Jim Jacobs, chief executive officer of COUNTRY Financial. “We always work hard to provide the protection our clients need. When we can do that for less cost, we believe returning money to our clients is the right thing to do, especially during challenging times.”
Pending regulatory approval, the company will mail refund checks in May. Clients do not need to take any action to receive a refund check.
Earlier this month, the company announced it had extended payment deadlines for clients to prevent cancellations, late fees and non-renewals.
“We’re thankful and proud of how our clients, representatives and employees have come together to get through this,” Jacobs said.
COUNTRY Financial® is the marketing name for the COUNTRY Financial family of affiliated companies (collectively, COUNTRY), which include COUNTRY Life Insurance Company®, COUNTRY Mutual Insurance Company®, and their respective subsidiaries, located in Bloomington, Illinois.
About COUNTRY Financial
The COUNTRY Financial® group (www.countryfinancial.com) serves about one million households and businesses throughout the United States. It offers a wide range of financial products and services from auto, home, business and life insurance to retirement planning services, investment management and annuities.