Direct Bill Flexible Pay Plan Options
Insureds will be assigned a billing customer number and billed once a month with one statement for all inforce policies. Available Payment Plans are:
- 1 Payment — 100% due on the effective date of the policy.
- 3 Payments — 40% due on the effective date and 30% in the 3rd and 5th policy months
- 4 Payments — 25% due on the effective date and 25% in each of the 3rd, 5th, and 7th policy months (Note: This is not a quarterly payment plan)
- 7 Payments — 25% due on the effective date and 12.5% due in each of the next six policy months.
- 10 Payments — 10 equal installments. 10% due on the effective date and 10% in each of the next nine policy months.