Full Pay. Full payment is made immediately. Client is billed for the total. No service fee is charged.
2 Pay. 50% down with one installment. Premium must be $201 or higher. Installment (due at 60 days) includes a service charge. The amount of the service charge varies by state.
4 Pay. 25% down with the balance paid in three additional payments. Premium must be $401 or higher. American Modern will include service charges applicable to the state.
EZPay (EFT)/Monthly. Electronic funds transfer from a checking or savings account on the selected day of the month. An EZPay Authorization form should be signed by the applicant authorizing transfer of funds for the policy premium. This form should be kept in agent files. EFT is subject to a minimum annual premium of $400, except in AZ, CO, TX or where no minimum applies. Once a policy is on EZPay, it will remain on EZPay even if the premium falls below $400. modernLINK attempts to verify the account information through a third party service when either the Submit, Next, or Previous buttons are clicked. A $1 service charge for each withdrawal may apply.
EZPay ( CC)/Monthly. Electronic funds transfer from a credit card account on the selected day of the month. An EZPay Authorization form should be signed by the applicant authorizing transfer of funds for the policy premium. This form should be kept in agent files. EFT is subject to a minimum annual premium of $400, except in AZ, CO, TX or where no minimum applies. Once a policy is on EZPay, it will remain on EZPay even if the premium falls below $400. modernLINK attempts to verify the account information through a third party service when either the Submit, Next, or Previous buttons are clicked. A $1 service charge for each withdrawal may apply.