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Login To PrismIs Reliance Standard offering premium grace period extensions to avoid unintentional lapse/cancelation of coverage?
Reliance Standard follows all applicable regulations related to billing grace periods in all states that have released specific guidelines tied to the COVID-19 pandemic.
Additionally, each policy contains a grace period which allows for continued insurance coverage for a defined period of time. We are adhering to grace periods outlined in each client-specific policy at this time and will continue to monitor market changes as appropriate. After a grace period ends, Reliance Standard will communicate and work with clients before coverage might lapse to better understand ability to remit premium prior to termination.
Helpful Resources
Reliance Standard Coronavirus Response page, with links to general FAQs and Dental and Vision FAQs.
There may be a more recent answer to this question. Contact Claremont for an update.
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