Payment Options

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Automatic Monthly Withdrawal Plan

Many of our insurance companies offer Automatic Monthly Withdrawal Plans. This plan is an easy way to pay your insurance premium through convenient pre-authorized monthly withdrawals from your chequing account. It provides you the convenience of spreading the cost of your insurance over the term of a year.

Typically, the plan works like this:

The insurance company applies a service fee of 3% to your insurance premium to administer the plan. The total is then divided into twelve payments. The first two payments are due as a down payment to initiate the plan. The remaining ten payments (one each month) start the first month after the policy start date.

  The Automatic Monthly Withdrawal Plan is available for most Personal Automobile and Residential insurance as well as most Commercial or Business accounts.  

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3 - Pay Installment Plan

For those of you who do not wish to use Automatic Monthly Withdrawal we also offer our internal 3 - Pay Installment Plan. The benefit of this plan is that there are no service charges or finance fees. It is available for all Personal Automobile and Residential insurance as well as most Commercial or Business accounts.

Post-dated cheques dated as follows:

• 1/3 at inception
• 1/3 as of 30 days from effective date of policy
• 1/3 as of 60 days from effective date of policy

We are happy to accept payment provided all three post-dated cheques are provided prior to the start date of the policy.

Please Contact Us if you have questions concerning our payment options.