Tasmanian community groups to receive an immediate $100,000

RACT INSURANCE today unveiled a Covid-19 Community Response Package to help the community not only protect their greatest assets but also keep their community groups alive, by making a $100,000 immediately available to assist community groups through the pandemic.

RACT Insurance CEO Trent Sayers said he understood Tasmanians were suffering considerable emotional and financial stress and RACT Insurance was committed to supporting the community through this difficult time.

“As Tasmanians we are all dealing with the far reaching impacts of Covid-19 on our community, our family and our businesses and we understand that as a local organisation we have an important role to play in supporting our community to do what we can to get through these unprecedented circumstances,” Mr Sayers said,

“In response, RACT Insurance has put together a $100,000 Covid-19 Community Response Fund round specifically focused on responding to the pressures our community groups are facing as a result of Covid-19.

“The Covid-19 Community Response Fund will provide grants to support projects which build resilience and support a community group’s ability to rebound post Covid-19 as well as funding to cover fixed costs which community groups continue to face even though their operations are currently restricted," he said.

“Local community groups make a big difference to life in Tasmania and will play an important role in rebuilding and bringing our communities back together once the threat of Covid-19 is over.”

Mr Sayers said RACT Insurance would be delivering on its promise to help protect customers biggest assets against unforeseen circumstances and damage with a range of support measures now available to make things easier.

“We understand some of our customers may be facing financial hardship because of the impacts of Covid-19 so if you have insurance with us and are experiencing significant challenges please get in touch with us,” he said.

“We have a number of options we can offer to support you, such as placing payments on hold, rescheduling payments or reviewing what’s in your policy including what it covers and looking for opportunities to reduce your premium.

“We can also look at payment flexibility including instalments plans or arranging instalments for excess payments. Along with the application of discounts or waiving of obligations for short periods of time.

“We are all going through this together so I would urge our members to please get in touch by calling 13 27 22 if you need help. 

“RACT Insurance will also ensure we extend this support to our partners and the many small businesses we work with on a daily basis.

“We have made a commitment to immediate payment terms for invoices of our preferred repairers and suppliers to support the cash flows of our local panel of suppliers and trades. We are also ensuring we maintain continuity of access to the work available across our local small businesses, repairers, suppliers and trades.

“As Tasmanians we are all in this together and we take our role of supporting our community through this difficult time seriously.”

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