“Pay As You Go” Workers Compensation Program
Payroll Authorities will set up and report your payroll directly to the Insurance Company. The Insurance Company will calculate premiums based on your actual payroll data. The Insurance Company will notify you electronically of the premium due 1 – 2 days prior to collection. The Insurance Company with collect the premium through automatic bank draft directly from you. Pay As You Go, eliminates your company from paying large down payments, minimizes audit adjustments and increases your cash flow.