Annual Payment
- Annualized premiums of $1,000 or less require full annual premium payment
- Annual audit
Quarterly Payment Plan
- Available for premiums over $1,000
- 25% down plus Expense Constant
- Three equal payments
- No security deposit required
- No installment fee
- Annual audit
Monthly Payment Plan
- Available for premiums over $1,000
- 10% down plus Expense Constant
- 10 equal payments
- No security deposit required
- No installment fee
- Annual audit
Twelve Equal Payment Plan*
- Available for premiums over $25,000
- First payment will include Expense Constant
- No security deposit required
- No installment fee
- Annual audit
Monthly Self-Reporting Plan**
- Available for premiums over $2,500
- 25% deposit required plus Expense Constant
- Deposit held in escrow against termination
- Policyholder receives a monthly self-audit worksheet to calculate payment and submit premium
- No installment fee
- Annual audit
Monthly Self-Reporting for Accounts in Excess of $10,000 Annual Premium**
- Available for premiums over $10,000
- 10% deposit plus Expense Constant
- Deposit held in escrow against termination
- Policyholder receives monthly self-audit worksheet to calculate payment and submit premium
* Subject to underwriting approval following review of company financials
** Subject to underwriting approval
Late Fees
• $10 – South Carolina, Kentucky
• $25 – Georgia, North Carolina, Virginia