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Payroll companies are finding huge success adding our Pay As You Go Workers Comp Program.
Your payroll clients will line up to add this service and your phones will begin ringing off the hook. Imagine the excitement of your current and new clients when you tell them we can calculate and bill their workers' comp premiums weekly rather than the outdated annual lump sum approach.
Hybrid Financial Group is a collaborative program that plugs agents and carriers into a Pay As You Go Workers Comp Program. Businesses enjoy access to workers' compensation insurance via an ach deduction process in a simple and affordable monthly reporting format.
This proprietary system is designed to work with many popular payroll software programs and requires little administrative time from the Payroll Provider. The system allows ALL parties (Agent, Insured, Payroll Provider and Insurance Carrier) to view policy and premium data. The system is also designed to track and report payments made to 1099 employees and other subcontractors.
The InsurePay technology computes the "net rate" each payroll period and avoids both lump sum down payments and intrusive audits--premempting the scenario where a client understates their payroll and their premium is calculated based on an incorrect premium discount. That is what causes end of the year lump sums. Our program avoids this specific flaw in the old workers' compensation system.
Bring your clients into the future and develop a win/win relationship with them through Hybrid Financial Group.
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Premiums are calculated with each payroll for Workers' Compensation.
This is the power of Pay As You Go!
This technology produces an actual and immediate premium based on ever changing factors and eliminates the "best guess" approach. This eliminates intrusive audits, large up front down payments and end-of year balloon payments.
Contact Us Today!
