TORONTO, Aug. 30, 2016 /PRNewswire/ - Foresters Financial™ donated $20,000 to the American Red Cross to help families who have been affected by flooding in Louisiana.

"At Foresters, we are deeply saddened by the devastation caused by the floods in Louisiana," said Tony Garcia, President and CEO, Foresters Financial. "We sincerely hope that our support of the American Red Cross relief efforts will help families through this difficult time and eventually support them in rebuilding their lives and their community."

As part of Foresters commitment to doing more to help those affected, the following measures have also been implemented to support Foresters members and clients through these challenging times:

• Emergency Assistance: Foresters has enacted the Emergency Assistance benefit to all eligible members experiencing significant personal hardship as a result of the floods. Members who are directly affected by the floods can contact Foresters to receive grants to help with immediate needs
• Premiums: Members in affected areas who are facing serious financial challenges can contact Foresters to investigate alternative payment arrangements and explore various forms of relief that may best suit their needs.
• Loans and Withdrawals:All requests for loans or withdrawals will be given priority handling. Members will be directed to their Foresters insurance representative to quickly obtain the necessary forms if their access to postal delivery is hampered or they are not in a position to print the forms themselves.
• Death Claims: Foresters has temporarily amended our processing to handle death claims in the affected areas, as members may have difficulty obtaining documentation due to the disaster. For reported claims having benefit amounts up to $25,000 and certificates that were issued more than two years prior to death, Foresters will accept a copy of the obituary and contact information for the funeral home to confirm loss details, rather than requiring a certified death certificate.

Affected members can contact Foresters toll-free at 800-828-1540 between the hours of 8 a.m. to 8 p.m. EDT, Monday to Friday, or e-mail Foresters at service@foresters.com.

The American Red Cross is a humanitarian charitable organization dedicated to preventing and alleviating human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors.

To make a donation in support of American Red Cross relief efforts, visit redcross.org. Donations could provide relief for those affected in the form of emergency food, clothing, shelter, personal services and other necessities that assist with recovery and resiliency.

About Foresters Financial
Foresters Financial™ is an international financial services provider with more than three million clients and members in the United States, Canada and the United Kingdom, and total funds under management of $34 billion¹. With a history of more than 140 years, we provide life insurance, savings, retirement and investment solutions that help families achieve their financial goals, protect their families and improve their communities. For more information, visit foresters.com.

Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.

Products offered vary by country. Not all products are available for distribution in all jurisdictions. In the United States, products are offered by The Independent Order of Foresters and its subsidiaries, including Foresters Financial Services, Inc. a registered broker-dealer. Securities, life insurance and annuity products are offered through Foresters Financial Services, Inc. or independent producers. Insurance products are issued by Foresters Life Insurance and Annuity Company, New York, or The Independent Order of Foresters. Investment advisory products and services are offered through Foresters Advisory Services, LLC, a registered investment adviser.

¹in Canadian dollars as of December 31, 2015

About the American Red Cross:

The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit redcross.org or cruzrojaamericana.org, or visit us on Twitter at @RedCross.

SOURCE Foresters

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