Emergency Cash

Overview

What would you do if there was an accident at your house that required you to stay elsewhere?  If you need to stay somewhere because of a problem with your primary residence (rent or own), this benefit will reimburse you up to $500 for living expenses.

• Reimburses member up to $500 for living expenses when a loss covered by homeowners insurance company renders member's principal residence uninhabitable for a minimum of 7 days.

Description

Description or Coverage:
Emergency Cash provides You with coverage if an Occurrence results in a homeowner’s or renter’s insurance claim for Property Damage on a Principal Residence which is rendered Uninhabitable. The Occurrence must be covered by Your homeowner’s or renter’s insurance.

The Emergency Cash benefit reimburses You up to $500 for Living Expenses.  The Company will only reimburse You for Living Expenses incurred during the time: Your homeowner’s or renter’s insurance company has deemed Your Principal Residence Uninhabitable as the result of an Occurrence. Receipts for Living Expenses are necessary for reimbursement.

The Emergency Cash benefit will pay You up to $250 per Occurrence.

Emergency Cash will pay you an initial benefit of up $200 within 24 hours via wire transfer or overnight mail.  In the Event that Your Living Expenses exceed the initial benefit payment, You are eligible for up to an additional $200.  To receive this additional benefit, You must submit qualifying receipts for the full amount of the Emergency Cash claimed, including the initial benefit payment of  $200 that You received via wire transfer or overnight mail.

The Emergency Cash coverage is limited to one (1) claim per membership year.

EXCLUSIONS
No benefit is payable if:
1) You do not have in force homeowner’s or renter’s insurance (as applicable), on Your Principal Residence at the time of a Loss;
2) Emergency Cash is used for any type of Maintenance;
3) Emergency Cash is used for vehicle maintenance expenses, vehicle repair expenses or airfare.

How To File a Claim

How to file a claim:

Contact the Administrator by phone at 1-800-711-4280 within 30 days [from the date that the Loss occurred, or as soon as reasonably possible, from the time that it is determined that the Principal Residence has been rendered Uninhabitable. Failure to give notice within 30 days from the date of the incident may result in a denial of the claim.
The Administrator will send a claim form, which should be completed and mailed back to the Administrator  along with a copy of the following:
1. Claim form submitted to Your homeowner’s or renter’s insurance company when the Loss occurred;  and
2. Report from Your homeowner’s or renter’s insurance company stating the situation surrounding the Loss and that the Principal Residence has been rendered Uninhabitable;  and
3. Copy of the evacuation order issued by the National Weather Service or a public service officer (if applicable);  and
4. Receipts for Living Expenses incurred in connection with the Occurrence or mandatory evacuation;  and
5. Proof that the Principal Residence continues to be Uninhabitable or continues to be under mandatory evacuation order for the duration of Your claim;  and
6. Any other information We may request.

To receive the initial $200 in Emergency Cash via wire or overnight mail, You must contact the Administrator by phone at 1-800-711-4280 within 48 hours, or as soon as reasonably possible, from the time that it is determined that the Principal Residence has been rendered Uninhabitable.  Failure to give notice within 48 hours, or as soon as reasonably possible, from the time that it has been determined that the Principal Residence has been rendered Uninhabitable  will result in the denial of the claim.
A cynoSure Financial representative will ask for:
1. A brief description of the Loss;  and
2. Telephone numbers of local police and fire departments;  and
3. Claim number assigned by Your homeowner’s or renter’s insurance company;  and
4. Telephone number for Your homeowner’s or renter’s insurance company;  and
5. Information regarding the mandatory evacuation order issued by the National Weather Service or a public service officer (if applicable).

In the event the Living Expenses exceed the $200, You initially received, you should contact the Administrator by phone at 1-800-711-4280 within 30 days from the date that the Loss occurred or 30 days from the time that it is determined that the Principal Residence has been rendered Uninhabitable.  Failure to give notice within 30 days  from the date of the incident may result in a denial of the claim.
The Administrator will send a claim form, which should be completed and mailed back to the Administrator at cynoSure Financial along with a copy of the following (as applicable):
1. Claim form submitted to Your homeowner’s or renter’s insurance company when the Loss occurred;  and
2. Report from Your homeowner’s or renter’s insurance company stating the situation surrounding the Loss and that the Principal Residence has been rendered Uninhabitable;  and
3. Copy of the evacuation order issued by the National Weather Service or a public service officer (if applicable);  and
4. Receipts for Living Expenses incurred in connection with the Occurrence or mandatory evacuation;  All qualifying receipts must be submitted for the full amount of the Emergency Cash claimed, including the $200 You initially received via wire transfer or overnight mail;  and
5. Proof that the Principal Residence continues to be Uninhabitable or continues to be under mandatory evacuation order for the duration of Your claim;  and
6. Any other information We may request.
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All these required items, including the claim form, must be postmarked within 90 days of the date of the Loss, or the claim may be denied.