Workers Compensation
With Source 5 EasyChoice Workers' Compensation provided by The HartFord handling workers compensation has never been easier. The EasyChoice® Worker Compensation service in integrated directly with our payroll system and allow a business owners to budget more effectively. Isn't it time to make the move to a better workers compensation solution? Its easy with EasyChoice!
The Dilemma
Purchasing Workers' Compensation insurance is a necessary, but often painful experience. Many companies looking for Workers' Compensation coverage are hit with large up front premium charge. These down payments commonly start at 25% and can be as much as 100% of the estimated premium.
The Solution
With EasyCoice® Workers' Compensating service provided by the Hartford you make payment based upon an actual payroll volume, so you don't have to worry about painful year-end audits or big finance charges. It eliminated the initial outlay of Cash and improves your cash flow, since the premium calculation is base on actual subject wage on a per pay period basis. It is also integrates directly into your payroll system and allow you to budget more effectively.
Benefits:
- Real-time pay as you go
- No Down Payment
- Lessens the need for audits
- Premiums calculated with each payroll
- No up-front fees
- Improves cash flow
- No finance charges
- No end of the year audit
