TECIS is always attempting to find a solution to greater simplicity and we are pleased to present a smooth process of direct billing.
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Insured is responsible for billing insured directly for installments under available payment terms as outlined below.
Premium
Schedule
$2500 and under Full Pay upon binding $2500-$10,000 15%, 20% or 25% down +
6, 7 or 9 installments$10,000 - $50,000 15%, 20% or 25% down +
6, 7 or 9 installments$50,000 - $100,000 15%, 20% or 25% down +
6, 7 or 9 installments$100,000 + To be negotiated
- A deposit is due to TECIS within 10 days of the inception date of your policy.
- Insured is completely responsible for the total premium due. Policies not paid on a timely basis will be automatically canceled.
- One reinstatement is allowed. After first reinstatement has been applied we can reinstate only if paid in full for remainder of policy term.
- Assessments, surcharges and fees are due in full at inception in addition to the down payment percentage. No commission is paid on assessments, surcharges or fees.
- Any billing or collecting questions should be forwarded to mmahoney@tecisinsurance.com.
- A faxed copy of the initial premium payment must accompany any request to bind coverage.
Note: A signed TECIS questionnaire and agreement must be in place before submitting any applications to TECIS