Pay As You Go Workers' Compensation

Workers’ Compensation should be an expense the employer can budget for. A Pay As You Go insurance program can make payment for work comp insurance easier for the employer.

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Make your life easier

With Pay As You Go

Workers’ Compensation

How Does Pay As You Go Work?

  • Continue running payroll as usual. This will ensure employee count and wage data is up to date.

  • Premium is then calculated each payroll cycle

  • The amount owed is deducted and sent to the insurance company

  • Large lump sum payments are eliminated, making workers’ compensation an expense the employer can budget.

Compare Pay As You Go & Direct Bill Examples.

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PAYGO Workers’ Comp Benefits:

In a Pay As You Go Workers’ Compensation program, there are various benefits for the employer.

PayGo Rep

Eliminating or greatly reducing the down payments

Eliminating premium financing

Eliminating checks
to write

Reducing premium
audit risk

Reduced premium adjustments when premium audits do occur

Improved cash flow by adjusting premiums to payroll changes

Possible lower overall cost of work comp coverages

Have questions? Speak with one of our insurance experts to find the right coverage for your business

Learn the Differences between Traditional and Pay As You Go Workers’ Compensation

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Download our Pay As You Go Workers' Compensation Guide now!

Pay As You Go Workers' Compensation Guide

Real time premium computation is the future of workers’ compensation

Want to offer your clients pay as you go workers compensation?