Did You Take Advantage of ISMIE’s COVID-19 Premium Grace Period?

December 15, 2020

Earlier this year when the pandemic was having the initial major impact on physician practices, ISMIE offered an optional grace period for premium payments. Under this special initiative, cancellations due to non-payment of premiums were suspended from March 20, 2020 until Oct. 1, 2020.
If you took advantage of this grace period, please be aware that beginning on October 1 repayment of unpaid grace period premiums began.
In an effort to make it a bit easier to pay the quarterly premiums along with the grace period premium, ISMIE is offering the option to pay over time. Your invoice includes three installment statements reflecting the accrued grace period premium due monthly within the quarter.
View ISMIE’s COVID-19 Q&A for more information.
Contact your broker or ISMIE’s Underwriting team by email with any questions.
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