Times are tough. As a business owner, would eliminating a large down payment for your workers’ compensation insurance interest you? You know how important it is to manage cash flow on a day-to-day basis and that’s not always easy when you have to come up with a down payment that may be as much as 25% of the premium for your workers compensation policy.
Good News, DirectPay Payroll Services AND The Hartford have a solution!
XactPAY® allows you to pay your Hartford Workers’ Compensation premium based on actual payrolls and one payroll period at a time. Your cash flow won’t be negatively affected by a large deposit premium or by premiums based on inflated payroll numbers from previous years.
How does it work?
It’s this simple – when you purchase a workers’ compensation policy from The Hartford and run your payroll through DirectPay Payroll Services, XactPAY® automatically calculates your workers’ compensation premium for each payroll period.
Enjoy These Benefits!
- No large down payments
- No finance and billing fees
- Improved cash flow
- Help to minimize audit adjustments at the end of the
policy period
Coverage from a Workers’ Compensation Leader – The Hartford
Employee injuries can be costly in terms of lost productivity, morale and future premiums. You can trust The Hartford to provide injured workers access quality care while facilitating return-to-work and managing costs to help mitigate lost time and make the most of every health care dollar.
Call Beth Young at (704) 921-2730
or via email byoung@directpaypayroll.com
Why not get started today and put your Workers’ Compensation premium payment worries to rest?
DirectPay Payroll receives royalty fees from The Hartford for the use of its name and certain trademarks in connection with the marketing of the XactPay® service. DirectPay Payroll is not a licensed insurance producer or agent of The Hartford. The purchase of a Hartford workers’ compensation policy is necessary to utilize the XactPay® service. This brochure contains only general descriptions of coverages which may be provided and does not include all of the features, exclusions, and conditions of the policies it describes. Certain coverages, features, and credits vary by state and may not be available to all insureds. You should consult the actual policy language and speak with the appropriate Hartford representative to resolve any questions. In the even of a loss, the terms of the policy issues will determine the coverage provided. All Hartford coverages described in this brochure may be offered, subject to a complete underwriting review, by one or more of the property and casualty insurance company affiliates of Hartford Fire Insurance Company.