IMPORTANT NOTICE TO OUR INSUREDS RESIDING IN DESIGNATED DISASTER AREAS DUE TO RECENT FLOODING
Please note that Madison National Life will be waiving our normal cancellation procedures due to non-payment of premium for insureds residing and businesses located in areas designated by state or federal government officials as disaster areas. Such waiver will apply until September 1, 2008, or a later time if deemed reasonable given an individual consumer's circumstance.
In addition, Madison National Life will grant an extension of any and all policy provisions or other requirements that impose a time limit for an insured or claimant to perform any act, including the submission of a claim or proof of loss, reporting of information, submission of bills, or payments of funds. Such extension shall be for a minimum of 60 days from the last date allowed or required under the terms of the contract or allowed or required by Madison National, or longer if deemed reasonable given an individual consumer's circumstance.