Texas Mutual recently announced a $10 million grant program for Workers Comp policyholders who have been affected by Hurricane Harvey. We encourage our clients to apply.For complete information, visit: texasmutual.com/txmfortexas.
Who can apply?
Texas Mutual Insurance Company policyholders who have sustained significant damage to a department location in one of the 58 counties on the governor’s Hurricane Harvey Disaster Declaration are invited to apply. Policyholders must have had an in-force policy effective Sept 12, 2017 or earlier.
When do applications open?
Applications opened Wednesday, September 13 at noon. Grants will be offered on a first come, first serve basis. Texas Mutual policyholders should have received an email Wednesday, September 13 at 8 a.m. informing them of the program.
How much can a grant recipient receive?
Each policyholder can apply for up to $10,000 in relief funds. A policyholder with multiple departments can only receive one grant of $10,000 or less. Funds can be used for payroll, building rehab or repair, machinery and equipment repair or purchase, replacement of lost inventory, and other expenses associated with rebuilding. The expenses must be related to the department and not be reimbursed by insurance.
What information is required to apply?