{"id":"RI-075","kind":"order","level":"sector-regulator","jurisdiction":"Rhode Island","state":"RI","metro":"","industry":"","agency":"","eco":"","issuer":"Department of Business Regulation, Insurance Division","authority":"R.I. Gen. Laws tit. 27 (insurance regulation); EO 20-02","instrument":"Insurance Bulletin Number 2020-4","title":"Flexibility in Insurance during the COVID-19 emergency","dateIssued":"2020-03-25","effective":"2020-03-25","end":"Not rescinded within the period","startDate":"2020-03-25","endDate":"2020-09-30","quarters":["2020Q2","2020Q3"],"types":["OTHER"],"addressees":["all insurers writing business in Rhode Island"],"clause":"The Rhode Island Insurance Division requests that insurers writing business in our state take the following steps to preserve access to insurance coverage during this emergency: Provide as much flexibility as possible to allow insureds to maintain their existing coverage by implementing and extending grace periods for premium payments, allowing payment plans for premium payments and instituting whatever other measures necessary to assist insureds in avoiding or delaying cancellation or a lapse of insurance coverage.... Insurers should institute additional flexibility in the form of waivers of late, insufficient funds and installment fees and penalties, extension of billing due dates and premium grace periods.","enforcement":"Regulatory bulletin of the insurance regulator (requests; supervisory expectation)","functions":["IN insurance billing, grace periods and cancellations","CB policyholders"],"notes":"Regulator\u0027s directive in bulletin form; framed as a request.","sourceUrl":"https://dbr.ri.gov/documents/news/insurance/InsuranceBulletin2020-4.pdf","snapshot":"","fileExists":true,"fileBytes":213544,"grade":"primary","character":"","description":"","collection":"RI","url":"/library/RI-075","exhibitUrl":"/exhibit/RI-075","citation":"Department of Business Regulation, Insurance Division, Insurance Bulletin Number 2020-4 (Mar. 25, 2020) (Ex. RI-075)","stateName":"Rhode Island","related":["RI-078","RI-076"]}