CT| The Connecticut Insurance Department has issued Bulletin IC-46 requesting all admitted and non-admitted insurance companies operating in Connecticut to provide at least a 60-day premium payment grace period or flexible payment options for policyholders who are federal workers experiencing financial hardship due to the ongoing federal government shutdown. This measure aims to keep essential insurance policies in force for affected individuals, prevent policy cancellations for nonpayment, and avoid penalties during this time, but does not constitute forgiveness of premiums or alter the underlying policy terms. The Department encourages insurers’ good faith cooperation and will monitor the situation for further updates.
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