TIA member benefits partner Federated Insurance has announced a COVID-19 Client Relief Credit providing customers with premium reductions during the unprecedented challenges of the pandemic, TIA says.
The 15% credit will go toward business auto premiums, auto dealer/ garage coverage part premiums and/or businessowners’ policy (BOP) premiums from March 15 to June 15. Policyholders will see the relief credit automatically applied in the upcoming months, Federated said.
Policies must be in force at the time the credit is applied, and actions are subject to regulatory approval.
For more information about Federated Insurance, the COVID-19 Client Relief Credit and other Federated Insurance Covid-19 resources, visit https://www.federatedinsurance.com/home.