Important Notice: Assumed Policies Must Still be Renewed

The policyholder opt-out phase of the Assumption Reinsurance Depopulation Program (Assumption Program) is drawing to a close, and policies will be assumed on June 1 if the policyholder has not opted out by May 31. In order to ensure there are no lapses in coverage, we wanted to clarify some information about impending policy renewals.

Policies that renew June 1 – July 31

For policies that renew June 1 through July 31, you will still receive a renewal application from TWIA. Please note that participation in the Assumption Program does not cause the policy to automatically renew, and to maintain coverage you must do one of the following:

• Fill out and return the renewal application and payment to TWIA, following the normal renewal process.

-OR-

• You and your insured are free to apply for coverage through the depopulation carrier or another company.

Policies that renew after July 31

• For policies renewing after July 31, you will receive a renewal application from the depopulation carrier, but not TWIA.

Please contact Agent Services at AgentServices@TWIA.org or 1-800-788-8247 if you have any questions.