Aflac Announces 90-Day Grace Period for Premium Payments in Hurricane Disaster Areas
COLUMBUS, Ga., Aug. 31 /PRNewswire/ -- Aflac announced today that the
company will allow a 90-day grace period for premium payments due from its
policyholders in counties and parishes proclaimed disaster areas by the
Federal Emergency Management Agency (FEMA) due to Hurricane Katrina.
The Columbus, Ga.,-based insurer extended the grace period to assist the
many families who have been displaced by the recent natural disaster.
Counties in Alabama, Florida, Mississippi and parishes in Louisiana were
proclaimed disaster areas by FEMA.
"Our hearts go out to those affected by Hurricane Katrina," said Dan Amos,
Aflac Chairman and Chief Executive Officer. "By allowing this grace period for
premium payments, we hope to help ease the financial impact of this natural
disaster on our policyholders. Everyone is in our thoughts and prayers."
Aflac is the number one provider of guaranteed-renewable insurance in the
United States and Japan. Aflac's insurance products provide protection to more
than 40 million people worldwide and pay cash benefits to policyholders unless
they chose otherwise. Aflac's products are primarily sold at worksites in the
United States. In Japan, Aflac is the largest life insurer in terms of
individual insurance policies in force. In January 2005, Aflac was included in
Fortune magazine's list of "The 100 Best Companies to Work For in America" for
the seventh consecutive year. In August 2005, Aflac was included in Fortune
Magazine's list of "Top 50 Employers for Minorities." Aflac has also been
included in Forbes magazine's Platinum 400 List of "America's Best Big
Companies" for five consecutive years and in Fortune magazine's listing of
"America's Most Admired Companies" for five consecutive years. Aflac
Incorporated is a Fortune 500 company listed on the New York Stock Exchange
under the symbol AFL. To find out more about Aflac, visit aflac.com.
SOURCE Aflac Incorporated