Workers Compensation

Workers compensation, it is critical to your employee's health and moral, and necessary for the protection of your business. It's the law.

Most insurance carriers estimate annual premium and demand a down payment of 25% or more to bind coverage. The up-front payment puts pressure on your cash flow. Then the carrier adds interest in a financing contract. At policy period end there is a time consuming audit.

When your payroll volume or distribution change from the original estimate (it always does), you are either exposed to another large premium payment, or receive your overpaid premium knowing that throughout the year the insurance carrier was holding YOUR extra cash flow.

The answer to this time consuming and potentially double hit to your cash flow is our Pay as You Go Workers Compensation Program. Our custom program allows for workers compensation to be billed in "real time" based on actual payroll thereby eliminating expensive down payments and preventing surprise premium bills resulting from year end audits. The result is better cash flow and more predictability.