Due to recent storm activity in Central Illinois, the Illinois Department of Insurance has issued a Bulletin to provide safeguards for consumers impacted by the storm. We want to make sure you are aware of the Bulletin, which is located here: http://insurance.illinois.gov/cb/2015/CB2015-08.pdf
In adherence to the Bulletin, please be aware that grace periods for payment of life insurance premiums are extended to 60 days (until June 9, 2015) for persons in Central Illinois, namely those residing in the counties of DeKalb and Ogle and the Rochelle and Fairdale areas, due to the storms which occurred on April 10, 2015. For these affected persons, the completion of a formal application for reinstatement and the requirement to provide evidence of insurability are waived; only the payment of premiums which are due will be required to keep a life insurance policy in force or to restore it to a current payment status.
Please follow this link in the event you wish to file a complaint online regarding any disaster-related dispute or issue: http://insurance.illinois.gov/Home/ComplaintLinks.asp or you may call the Department's toll-free complaint hotline at 1-866-445-5364.
Settlers Life Insurance Company specializes in final expense life insurance products designed for clients who are seeking peace of mind that funds will be available to assist their families with the payment of final expenses at the time of death. Our policies are permanent, whole life policies and are available to individuals in 42 states. As a company, we see ourselves in the "people business" and maintain a focus on delivering personal service that we would expect our own families to receive in their time of need. At Settlers Life "It's about people".