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  PAYROLLCOMP.COM

 

 

 The Program

 

 

Pay As You Go Workers' Compensation for Payroll Companies

 

 

 

 

Carrier- GIC- Guarantee Insurance Company

  • Designed specifically for Payroll companies

  • Accepts experience modifiers up to 1.50

  • New businesses accepted with owner experience

  • Min. premium $1,000 - no max (per client)

  • Commission: 2% monthly transmission fee 

 

Agency Integration- The Insurance Shop

  • Smaller client premium deposits

  • 48-72 hour turnaround on quotes

  • Monthly reporting and ACH payments

  • Simplified client termination process

  • Lower work comp rates to keep you competitive

  • No risk for any client losses or claims

 

 

Program Set-up

 

Step 1:     Sign Agency Marketing Agreement

Step 2:     Complete W-9

Step 3:     Submit prospects to us for quoting

Step 4:     We quote and bind coverage and issue you net rates for each class code

Step 5:     Send monthly report and transfer premium

 

 

 Process Map

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Copyright © The Insurance Shop, LLC
 

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