Budget Installment Corp - Premium Financing for the Insurance Professional

Advantages of BIC

>>  Immediate Check Release
By financing your insured's policies we offer you the advantage of utilizing BIC for the collections of premiums. Our systems are geared to get the premiums paid as quickly as possible. We help your cash flow with our commitment to superior service.

>>  Competitive Rates
Our finance charges are designed to help you attract and retain your accounts. We offer many different payment plans and rating structures to suit your client's needs and to make your job easier. Check us out and see how our rate flexibility will benefit your insured's.

>>  Down Payments as Low as 15%
We have one of the most flexible down payment philosophies in the premium finance business. We strive to help you get the business on the books and keep it there.

>>  Same Day Processing
Agreements are processed the day we receive them as we know the importance of getting the payment coupons to your insured's as quickly as possible. This helps to reduce late notices and lets your insured's know that their agent and premium finance company are efficient organizations.

>>  Liberal Cancellation Procedures
After the Notice of Intent to Cancel (late notice) expires we give all commercial accounts an additional seven day Cancellation Notice. This affords you the time to salvage the account. Copies of both of these notices are mailed to the agent. Additionally, as a special service to the agent, prior to the effective date of cancellation we will fax an additional warning that the policy is about to be canceled.

>>  Prompt Courteous Service
Our fine reputation has been built on the excellent service we provide. Our knowledgeable staff gives you immediate responses to quotations, account inquiries and financing questions of any kind. State of the art computer systems enables us to give you up to the minute information on any account as well as assist you with the kind of service you deserve.

 

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