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State of New York – Insurance Premium Relief

Agency / Department: State of New York

Resource: Insurance Premium Relief

Details: For a 90-day period, New Yorkers experiencing financial hardship due to COVID-19 may defer paying life insurance premiums. Late payments will be payable over a one-year period. Additionally, consumers and small businesses experiencing Coronavirus-related financial hardship may defer paying premiums for property and casualty insurance for a 60-day period. This includes auto, homeowners, renters and other kinds of insurance. (No late fees will be assessed and there will be no negative impact to your credit.)

Link: https://www.governor.ny.gov/news/amid-ongoing-covid-19-pandemic-governor-cuomo-announces-completion-first-1000-bed-temporary

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