Horace Mann Responds Further to COVID-19 Pandemic with Teacher Appreciation Relief Program to Support Policyholders & Local C...
15 Avril 2020 - 12:15AM
Business Wire
Horace Mann announces 15% auto premium credit,
adding to other relief measures to support educators and local
communities
Horace Mann Educators Corp (NYSE: HMN) today announced a
comprehensive Teacher Appreciation Relief Program. The company will
credit customers with 15% of two months of auto premiums, subject
to regulatory approval, because driving has declined as a result of
the COVID-19 pandemic. This comes in addition to other financial
relief the company is providing customers during the COVID-19
pandemic, including coverage continuity and a grace period
available for payments due through June 30 on auto, property,
supplemental and life insurance coverages.
“Our mission is to help our customers protect what they have
today and prepare for a successful tomorrow,” stressed Marita
Zuraitis, President and Chief Executive Officer. “Appreciating the
work that educators do has always been a part of who we are, and
this is our way of letting them know that we are here for
them.”
In addition to the Teacher Appreciation Relief Program that
Horace Mann is providing during this period of unprecedented
events, educator customers are also benefiting from:
- Personal auto coverage extended to individuals delivering food,
medicine and other essential goods at no additional charge.
- Fraud advisory protection built into our Educator Advantage
Program for all home, condo and renters customers that protects
against the increased risk of identity theft with increased online
activity.
- New information on financial market volatility to help
educators make informed decisions about their retirement
savings.
- Guidance and information on the CARES Act impact on federal
student loan forgiveness programs and retirement savings for
educators.
In addition, Horace Mann has also enhanced support for
educators, employees and local communities:
- Sponsoring complimentary access to HealthWorld’s online library
of lesson plans and educational materials as well as hundreds of
thousands of downloadable lessons from respected educational
resources to help teachers adapting to remote learning.
- Augmenting our ongoing DonorsChoose programs with a $100,000
contribution to support “Keep Kids Learning,” an initiative to help
teachers equip the most vulnerable students with educational
materials at home, targeted to the communities where we have
significant employee concentration.
- Supporting the community of Horace Mann’s headquarters
location, including contributions to the United Way of Central
Illinois and The Community Foundation for the Land of Lincoln
COVID-19 Response Fund and The Greater Springfield Chamber of
Commerce’s Small Business Relief Fund.
- Focusing on health and safety where we conduct business
operations, where we quickly moved more than 95% of our workforce
to remote without reducing our service levels.
“For 75 years we’ve been focused on helping solve the issues
that educators face,” Zuraitis said. “As America is now better
recognizing, educators deserve full appreciation and support for
what they do every day.”
About Horace Mann
Horace Mann is the largest financial services company focused on
providing America's educators and school employees with insurance
and retirement solutions. Founded by Educators for Educators® in
1945, the company is headquartered in Springfield, Ill. For more
information, visit horacemann.com.
Safe Harbor Statement
Statements included in this news release that are not historical
in nature are forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995 and are subject to certain
risks and uncertainties. Horace Mann is not under any obligation to
(and expressly disclaims any such obligation to) update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise. Please refer to the
company's Annual Report on Form 10-K for the year ended December
31, 2019 and the company's past and future filings and reports
filed with the Securities and Exchange Commission for information
concerning the important factors that could cause actual results to
differ materially from those in forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20200414006046/en/
Heather J. Wietzel Vice President, Investor Relations
217-788-5144 investorrelations@horacemann.com
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