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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

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