New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter IX - Unfair Trade Practices
Part 229 - Insurer Practices During The Covid-19 Pandemic
Section 229.3 - Extension of grace periods for group life insurance policies and certificates
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 229.3
Current through Register Vol. 46, No. 39, September 25, 2024
A life insurer shall extend to 90 days the applicable grace periods for the payment of premiums and fees set forth in group life insurance policies and certificates, for any life policyholder who demonstrates financial hardship as a result of the COVID-19 pandemic.
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