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Monthly Payment Plan

(effective 1/1/17)

  • Available for premiums over $10,000
  • 10% down payment plus expense constant
  • 10 equal payments thereafter
  • Subject to annual audit

Monthly Self-Reporting Plan

(effective 1/1/17)

  • Available for premiums over $10,000
  • 10% down payment plus expense constant
  • Down payment held in escrow against termination
  • Policyholder receives monthly self-audit worksheet to calculate payment and submit premium

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 with three equal payments
  • No security deposit required
  • No installment fee
  • Late fee of $25 for payments received after the installment due date
  • Annual audit

Monthly Payment Plan

  • Available for premiums over $1,000
  • 25% down with 10 equal payments
  • No security deposit required
  • No installment fee
  • Late fee of $25 for payments received after the installment due date
  • Annual audit

Twelve Equal Payment Plan*

  • Available for premiums over $25,000
  • No security deposit required
  • No installment fee
  • Late fee of $25 for payments received after the installment due date
  • Annual audit

Monthly Self-Reporting Plan**

  • Available for premiums over $2,500
  • 25% deposit required (adjusted annually) and held in escrow against termination
  • Policyholder receives a monthly self-audit worksheet to calculate premium and submit payment
  • No installment fee
  • Late fee of $25 for payments and worksheets received after the installment due date
  • Annual audit

* Subject to underwriting approval following review of company financials

** Subject to underwriting approval

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