Have you ever underestimated payroll for a client, which resulted in a large audit balance due at the end of the policy term? We have a solution that will eliminate this problem and make your proposal more competitive. Our monthly payroll reporting (PAYGO) workers' compensation program allows your client to report their actual payrolls to us on a monthly basis. This valuable tool allows an insured to boost their cash flow and eliminate surprise audit balances at the end of the policy term. We provide this feature to all accounts eligible for our program; there are no premium size requirements. Please see below for more details.
Pay-As-You-Go (PAYGO) Highlights
- Premiums are based on Actual Payroll vs Estimated Payroll
- Boost Cash Flow
- Eliminate or Reduce Surprise Audit Balances
- Eliminate Mid-Term Payroll Endorsements
- Direct Bill to the Insured
- Great Selling Point for your Clients
- Available to all eligible operations
- Click here for sample report
Please contact us today for more information on our special (PAYGO) option!