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