At SAGE, our mission is to help those who need it.
These are unusual times and businesses are facing layoffs or cutbacks of their employees to reduce expenses. Unfortunately for most, their insurance premiums doesn’t adjust with these changes.
When it comes to workers compensation insurance, in addition to better rates and service, SAGE helps our clients by offering premium payment options that significantly improve their cash flow and reduce audit risk.
One example is our PrecisePay plan which offers:
• Improved Cash Flow- No deposit is required and premium payments can be paid in smaller, more frequent increments each time payroll is reported. Additionally, because premium is calculated based on actual payroll each pay period, PrecisePay can be a great option for businesses that tend to increase or reduce staff during certain times of the year and experience fluctuations in their payroll.
• Simple Payroll Reporting- Businesses can report payroll summarized workers’ compensation class codes, or based on individual employees, whichever is easiest!
• Minimal Premium Audit Variances- While PrecisePay does not eliminate the requirement of a final premium audit, the risk of a large final audit variance is minimized because premium payments are based
on actual payroll.
In addition to PrecisePay, SAGE offers premium installment plans starting at 10% deposit and 9 equal installments.
SAGE is here to help in these trying and difficult times.
Contact us today to see how SAGE can help.