To all Colorado HealthCap Members / Policyholders
Pursuant to Colorado Bulletin No. B-5.38 – Actions to Protect Consumers with Property and Casualty Insurance Policies During the COVID-19 Public Health Emergency in Colorado.
The Colorado Division of Insurance directs all insurance companies issuing coverage to personal and commercial policyholders to make reasonable accommodations to prevent individuals and businesses from losing coverage due to cancellation for the non-payment of premium during this unprecedented time.
Reasonable accommodations should include, but not be limited to:
1. Extension of premium grace periods;
2. Waiver of late payment fees;
3. A moratorium on cancellations for non-payment;
4. Defer any non-renewal underwriting actions; and,
5. Provide a continuation of coverage for any expiring policy.
These accommodations will be available to you for the duration of the Public Health Orders or until Bulletin B-5/38 is rescinded, whichever is later.
HealthCap RRG commits to continuing to make the above reasonable accommodations for members.
Should you have any questions or issues regarding late payments, grace periods, cancellations or non-renewal of coverage, please contact Christina Nechiporchik, Christina.Nechiporchik@chelsearhone.com.