How is Pay-As-You-Go insurance different?
Pay As You Go insurance eliminates many of the inadequacies of traditional insurance programs. With Pay As You Go Work Comp or GL, the start-up premium deposit requirements are typically eliminated because your premium is based on actual payroll per class code and not the original estimated quote. In other words, the premium due changes in real time from pay period to pay period and allows you to maximize cash flow during the year. When business is up, so is premium. When its down, so is premium. Since the insurance premium is based on actual reported payroll, your risk of a \"Big Audit bill at the end of the policy is eliminated.
Lower Start-up Costs!
Increased Cash Flow!
No Audit Shock!
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