Unlike the large national bureaus, we save our clients money with our ancillary products.  Our pay-as-you-go program is especially helpful for businesses that are seasonal, have a large number of employees, or have fluctuating payroll costs.

PayPlus® has teamed up with four of the nation’s leading writers of Workers’ Compensation coverage. The Hartford, Intego, E-Comp, and GUARD can provide you with an effortless, accurate, and affordable solution to Workers’ Compensation insurance. The Hartford is the third largest small business insurer with an A+ A.M. Best Rating. They write in excess of $2 billion in small business insurance. GUARD has an A+ Superior A.M. Best Rating. Intego and E-Comp are often able to write policies for higher risk companies that in the past had been unable to use the pay-as-you-go option.

What this means to you

  • Pay-as-you-go eliminates large down payments (normally 25 – 30% of policy annually)
  • Eliminates finance charges and billing fees
  • Eliminates late fees
  • No monthly checks to write
  • No anticipated audit adjustments
  • Better cash flow management

How does it work?

Workers’ Compensation is required by state law in all states except Texas and New Jersey. It provides compensation for workers who are injured or become sick on the job in the course of employment.

There is minimal cost to participate in the pay-as-you-go program.  Pay-as-you-go Workers’ Compensation insurance is calculated on your actual payroll and adjusts each pay period as your payroll changes. The premium is drawn directly from your account and you are notified of the withdrawal two days prior to the ACH date.