Pay-As-You-Go Workers Compensation Program
Description:
Paychex, a leading national provider of payroll services, has partnered exclusively with Keystone Insurers Group to provide a
unique, innovative, and competitive approach to workers compensation. This service enables clients who enroll with Paychex for Payroll services to pay Workers Compensation premiums through the payroll process.
Coverage:
Benefits:
- Insurance Premuims Calculated on Actual Wages
- Minimal down payment
- No financing required
- Easy 24 hour, Toll Free claim reporting
- Minimal year-end adjustments
- Electronic premium payments
- Hotline responsive service from experts
- Affordable insurance rates
Paychex allows you to stop estimating your workers compensation insurance premium and paying it all in one payment. Paychex calculates and remits your premium costs automatically each payroll period, based on your actual wages for that payroll period. You may no longer experience those year-end workers' compensation premium surprises!
The need for large up-front Deposit Premiums and sizable installment payments is eliminated.
You can pay your premiums each payroll period.
Paychex
smoothes your cash flow. You only pay Workers Compensation premiums in correlation to the amount of work you have in process. During slow periods, where your payroll is down, your Workers Compensation costs are also correspondingly reduced. This is particularly advantageous for seasonal businesses.
New business ventures are eligible for the Paychex Program. Affordable Workers' Compensation coverage can often be difficult to find for a new entrepreneur. Paychex offers new businesses an affordable, convenient approach toward your Workers Compensation costs.
Underwritten by:
