|Number of Installments: 1||11, 12 (EFT up to 12)|
|Installment Fee: 2||$6 (e-bill $4 or EFT $1)|
|Downpayment:||New Business 20% (EFT New Business 8%), New Group Business 20%, and Renewal|
Business/Book Transfer Business 10% (EFT Renewal Business 8.33%)
|Electronic Funds Transfer Program (EFT):||Yes 2|
|Related Fees:||Cancellation Fee (C) - $25 (EFT $0)|
Late Fee (L) - $5
Non-Sufficient Funds Fee (NSF) - $25
Payment by Phone Fee (O) - $2.95
|Application of Related Fees:||C - will be assessed only at the time a statutory notice of cancellation is issued|
L - will be assessed on bills that do not receive payment within five days after the due date listed on the bill.
NSF - on returned checks/EFT rejection,
O - payments made over the phone are charged
1 The number of installments/payments includes downpayment. Installment fee is not charged on first installment/downpayment.
Please note that you have the option to pay your bill in full in one payment to avoid paying any of the applicable installment fees. Reasonable efforts have been made to ensure that this information is accurate, it may not apply to your specific circumstances. You are urged to contact your producer (agent, broker) or insurer with specific questions concerning installment plans.
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