Looking to avoid an annual audit?
Pay-as-you-go is a unique payment solution for workers compensation insurance. It’s an attractive option for both large and small employers. Pay-as-you-go can alleviate stress and provide peace of mind in the following ways:
- NO DEPOSIT or DOWN PAYMENT required when policy term begins
- IMPROVED CASH FLOW – employer pays workers compensation based on ACTUAL PAYROLL
- SIMPLIFIED WORK for the employer since payroll company handles all calculations
- AUTOMATED PREMIUM DEDUCTIONS – no checks to write or invoices to pay
- REDUCED CHANCE of additional or return premium upon audit
It all depends on what works best for you as the business owner. If you’re looking for ways to achieve any of these five solutions listed above, it’s in your best interest to consider pay-as-you-go for workers compensation insurance.