FLEXPAY is an exciting new workers’ compensation product. It combines the benefits of a premium finance agreement with the cash flow advantage of a Pay As You Go program. FLEXPAY is an ideal tool for insurance agents, wholesalers, or insurance carriers who are looking to offer their workers’ compensation clients a new and unique product.
How does FLEXPAY work?
- Payments are based on actual payroll
- Works with any payroll company
- Seamless integration with clients payroll system
- Self-Reporting option if there’s no payroll company
- Weekly, Bi-Weekly or Semi-Monthly payroll periods
- Down-Payment only 10%
- Commissions Paid Upfront
- Enhance Cash Flow for your insured
- Create new business opportunities
- WC Assigned Risk, Truckers, Restaurants, Non-profits, or any insured looking to reduce their DP or improve their cash flow.
Brien Volpe, CPCU