***   IMPORTANT NOTICE   ***

SPECIAL DEFERMENT OF PREMIUM INSTALLMENT PAYMENTS FOR NEW JERSEY INSUREDS

IMPORTANT INFORMATION PERTAINING TO YOUR AGREEMENT WITH AND NOTICE OF NEW JERSEY EXECUTIVE ORDER 123 AND BULLETIN NO. 20-17

The New Jersey Department of Banking and Insurance recently issued a bulletin regarding premium finance agreements and customers suffering financial hardship as a result of COVID-19. This bulletin indicates you may be eligible for a 90-day grace period on your premium installments. In order to be eligible for relief, you are required to opt-in and must meet the following criteria:

  1. You must be experiencing financial hardship due to COVID-19 and
  2. Your loan/account had to be in good standing under the terms and conditions of the related premium finance agreement on March 1, 2020.

Please note, relief is not applicable to any premium finance agreements entered into on or after March 1, 2020. Bulletin No. 20-17 only covers insurance premium finance arrangements entered into and effective prior to March 1, 2020. In order to apply (opt-in) for relief, the insured must fill out and submit the form by May 11, 2020 to . If you have any questions regarding eligibility available under Bulletin No. 20-17 please send an email to

April 27, 2020