
(888) 876-0444
Mon - Fri: 9am - 6pm
1930 SW 23rd Court
Cape Coral, FL 33991
(888) 876-0444
Mon - Fri: 9am - 6pm
1930 SW 23rd Court
Cape Coral, FL 33991
Traditional workers’ comp plans, compared to pay-as-you-go, require large lump sum payments to cover the estimated cost of your liability. With our pay-as-you-go plan, your workers’ comp insurance liability is based on each payroll run. If you add or lose employees, your premium liability adjusts accordingly. Pay-as-you-go provides all the coverage and compliance of workers’ comp with none of the stress!
Making hefty annual payments can put a strain on your business budget and harm your business cash flow management.
Knowing exactly how much your workers’ comp should be is difficult to predict. Pay-as-you-go calculates up-to-date workers’ comp rates with each payroll cycle.
With pay-as-you-go workers’ comp insurance, the money you owe is based on your actual payroll.
Paying your premium can slip your mind. But with pay-as-you-go workers’ compensation, your policy provider automatically collects your premiums with each payroll and debits your bank account.
Your premium is based on the payroll generated during a pay cycle and is based on a rate per 100 of payroll per job classification.
The true cost of workers’ compensation includes a lot of hidden costs — the actual cost is much higher than the insurance price most look at with premiums or benefits paid.