Sign up for automatic monthly payment of your premium from your checking account. No more checks to write, no stamps to buy and no danger of having your policy lapse.

Why is Pre-authorized payment deduction (also called Electronic Funds Transfer) less expensive? The Company saves money on billing and postage expense and we  pass the savings on to you!

Here is an example of the savings available under the pre-authorized premium payment:
If your ANNUAL PREMIUM  is $1,200: your monthly cost would be $108, plus postage, plus any per check charge your bank may make. PRE-AUTHORIZED MONTHLY PAYMENT would be $102. No postage, no check to write. ANNUAL SAVING of $72.00. ($6.00 saving per month including postage.)

Of course, paying annually is still the least expensive premium payment option, but if you like to budget your expenses monthly, Pre-authorized payment deduction is a wise choice.

To calculate the cost of your monthly premium if you choose Pre-authorized payment deduction (PPD) for your policy, multiply the annual premium by .085.
 

If you would like to take advantage of these savings, it’s as easy as clicking on the PPD Form* and filling in the information requested, attach a voided check and mail it in to the Company. It’s that easy and you will be on your way to saving.

Bank Draft Form

*Pre-authorization takes 30 days once we receive “void” check and completed form in-house.

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