Insurance premium financing offers your insureds the ability to spread the cost of their insurance coverage over a period of time, thereby avoiding the necessity of a substantial up-front payment of insurance premiums to an insurance carrier. For many insured this may be a major buying point.
Executive Finance, Inc. will allow you to provide this valuable service to your customers and transform your agency with an automated premium finance backroom. The EFI system provides you with the information you need, when you need it and will help you conserve your personal and commercial accounts and reduce your workload. Our advanced technology gives you a simple to use resource that keeps you and the insured up to date with immediate access to account information including payments, funding, cancellation, reinstatement, and much more.
Executive Finance, Inc. stands out from the competition by providing you and your customers the security of doing business with a stable, high-quality company.
Here’s what you get:
- Instant Access - Our backroom operates in a paperless environment. Historical and current files are stored in the computer. You have instant access to this computer stored information.
- Agent Information -
Our agent information system provides you with the information of your insured’s accounts 24 hours per day, 7 days a week. Easily accessible, our system will access account details (ie: when a payment is due and whether or not it has been paid.)
You can track whether an account is past due, or has been cancelled. Notification of late notices, cancellations, reinstatement notices and other correspondence can be either faxed or e-mailed directly to you. Executive Finance puts you in control.
- Online Access for Insureds -
Great news for your insureds. They can easily view their account status to review payment history or make payments – at a secure site.
- Competitive Rates -
Compare our rates and down payments with any in the current marketplace. Executive Finance is the premium finance company to call.
- No Finance Agreements -
Data is transmitted directly to Executive Finance thus eliminating the need for preprinted finance agreements. Upon receiving this information, the finance agreement is prepared and sent directly to the insured.
- Monthly Bills -
We use monthly bills in lieu of coupon books. Statistics show that sending a bill each month increases your rate of retention.
- Text messaging -
We can text message to the borrower’s cell phone notification of payment due and/or pending cancellation. This greatly benefits the borrower ensuring that their payment is made in a timely manner.
- Generous Bonus Offer -
For each finance agreement, you will receive a $30 bonus fee.
|
