Are You a Texas Pastor?
You and your church may have money due you.
The New BP Deepwater Horizon Settlement
All churches, non-profits, and businesses, not just those near the coast are included in the new settlement.
British Petroleum (BP) has set aside $20 billion dollars to compensate all non-profit organizations and businesses for economic harm and property damage caused by the oil spill. There is no cap on the amount of money that BP will provide for approved claims and the final number could exceed the $20 billion that has been set aside.
Millions of churches and businesses are unaware that they have a valid claim.
As part of the new settlement, BP has agreed to pay for direct AND indirect economic harm. Direct impact includes any church or business whose property or business suffered economic harm that was “caused” by the oil spill. Indirect impact includes any church or business (auto repair, clothing, convenience store, etc.,) that experienced a decline or a fluctuation in monthly revenue because of decreased traffic, revenue, tithes, or offerings.
“If it’s too good to be true, it probably is, right? Not this time. We were convinced we had absolutely no shot at a BP Deepwater Horizons Claim, and that it wasn’t even worth taking a look. ClaimsComp really opened our eyes, however, and the process has been so seamless. You owe it to yourself to at least have a conversation with these folks … like us, you may be in for a nice surprise!.” – Tony Byrd, Lead Pastor MorningStar Church