If you were previously interested in workers comp coverage on a Pay As You Go basis, but your company was not eligible based on your classification codes, BeyondPay has great news. We can now offer an expanded array of carriers with a broader range of classification codes. What's even better, we can work with your existing agent. You get all of the benefits of your existing relationships, plus the cash flow advantages of Pay As You Go workers' compensation.
Why is "Pay As You Go" so popular?
Do your payrolls fluctuate? Have you had a change in circumstances or experienced an unexpected event? Have the current economic conditions changed your business?
Any of these conditions can have a substantial impact on your workers' compensation premiums. No one has a crystal ball and no one can predict the future with 100% accuracy. Therefore why do you believe the estimated payroll amounts indicated on your worker's compensation application or policy will be accurate 12 months later?
InsurePay offers the most sophisticated payroll based premium calculation system available and we invite you to see for yourself. Contact a representative today to see if your carrier, agent and/or payroll partner offer InsurePay or look for the InsurePay Alliance logo on their brochures or website.
Below is a list of benefits from our perspective: Please review the list and determine how we can help your business.
- Reduced or Eliminated Down Payments
- Premiums are Calculated on Actual Payrolls versus Estimated
- Reduced or Eliminated Audit Exposure
- No Checks to Write
Want to find out more? Give us a call, or request more information.