Vouch Reduces Premiums Up to 20% to Provide Customers Relief During COVID-19
At Vouch, our mission has always been to help our customers mitigate the risks that come with growing a business. We’re a startup too, and we know the challenges and rewards this journey brings. We’ve been lucky to partner with startups and technology companies changing the world every day, and we’re proud to support them with quality, tailored insurance coverage as they scale.
The COVID-19 pandemic was an unprecedented risk for people and businesses everywhere. Many founders are facing the biggest logistical, financial, and human challenges of their careers, and they’re hitting all at once. We know that our customers need support now more than ever, so Vouch wants to provide as much relief as possible to the startup community.
Today, Vouch is offering a courtesy premium reduction of up to 20 percent for the months of April, May, and June, helping our customers conserve resources and ensure their businesses are positioned to weather this storm. Reduced premiums will go into effect starting at the end of April and will last through the end of June. Customers with active policies in place as of April 30, 2020 are eligible.
Vouch was built to support startups as they scale and thrive — and insurance plays a key role in that trajectory. Having the necessary protections and policies in place are critical for any company’s success, so they can be free to grow without looking back. We stand with the many founders and employees that make up our startup community and will continue looking for ways to support them through this crisis.
Alongside the premium reduction, Vouch is helping clients by offering:
Extension of Payment Deadlines
Vouch is extending payment deadlines on a case by case basis for customers who are unable to timely pay their premium due to financial hardship caused by COVID-19.
No Late Payment Fees
Vouch’s proprietary policies do not include late payment fees.
No Cancellation for Non-Payment
Vouch customers who have requested an extension to a payment deadline will not be cancelled for non-payment due to financial hardship caused by COVID-19.
Extended Time for Renewal Decisions
Vouch is working with customers on a case by case basis to ensure customers have time to consider renewal terms. In the event Vouch decides not to renew a customer, it will provide that customer with at least 90 days notice of the decision not to offer renewal terms.
Extension of Coverage for Expiring Policies
Vouch is working with customers on a case by case basis to ensure extensions are provided for any policies set to expire before June 30, 2020.
Customers should contact firstname.lastname@example.org if they have questions about their policy.