Workers' Compensation
Tired of Large Workers’ Compensation Down Payments
& Annual Audit Adjustments?
Changing the way you pay your workers’ compensation premium will save your company money and improve cash flow!
With Total Team Solutions' Pay-As-You-GO premium payments are based on actual payroll data and the rates set by the insurance carrier. Premiums are calculated from the actual payroll data submitted to the insurance carrier and upon notification, payment is directly debited from the client account at the end of the month.
Total Team Solutions' Pay As You Go Workers' Compensation alternative will elimintate the large up front premium deposit along with the standard prepayment of the entire "estimated" premium balance by the six month. Paying only on exact wages over twelve months is the best way to go!
Benefits of the Pay-As-You-Go program:
- no downpayment
- improved cash flow
- no end-of-year audit surprises
- superior payroll service
- “A” rated insurance carriers
- premium based on actual payrolls, not estimates
- no finance or billing fees
Pay As You Go Workers' Compensation is just another great solution provided by Total Team Solutions. Please utilize our contact form and we will get right back to you!
All insurance products and services are sold through licensed insurance agents. The purchase of workers' compensation policy is necessary to utilize this service.