Arkansas Insurance Department issues Moratorium on cancellation of policies for non payment of premium for those positive for COVID-19

Coronavirus

LITTLE ROCK, Ark. — The Arkansas Insurance Department has issued a 60-day moratorium against the cancellation or non-renewal of insurance policies for non-payment of premium for Arkansans diagnosed/tested positive for COVID-19.

This was part of a bulletin the Department issued this morning located here: https://insurance.arkansas.gov/uploads/resource/documents/6-2020.pdf.

The 60-day moratorium language starts on page two.

This is similar to moratoriums we have issued for victims of last year’s floods and severe weather.

It is not a waiver against paying premiums, it is an extension/grace period that consumers must request from their insurers.

The Department is asking that you consider mentioning this during your COVID-19 coverage today, perhaps something as minimal as a fullscreen graphic.

Thank you for all you are doing to inform Arkansans.

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