Maine Bureau of Insurance Urges Flexibility for Policyholders Impacted by Federal Shutdown—60-Day Grace Period Requested

Share

ME| Maine Bureau of Insurance Bulletin 488 requests all Maine-licensed insurers to offer at least a 60-day premium payment grace period and flexible payment options for policyholders impacted by the federal government shutdown, specifically including federal employees and contractors; insurers are encouraged to maintain coverage, avoid penalties for nonpayment, and proactively communicate with affected customers, though the bulletin does not create new legal obligations or change policy terms.

Click here to see ME Bulletin 488

  • Bulletin
  • Maine
  • Department of Insurance

Other information from Maine: