Guidelines

We don’t plague our insurance agent-partners with a lot of rules, but we do have a few. We invite you to take a moment to review them and if you have questions, we invite you to contact us.

Agent/Broker Guidelines

  • Each Premium Finance Agreement must be filled out in its entirety, including the insured’s name, address, and all applicable fields.
  • Due to the growing number and variety of Managing General Agencies (MGAs), it is essential to ensure accurate processing to include the names of both the insurance company and the MGA on the Premium Finance Agreement.
  • All minimum down-payment requirements as set forth by and between PRO Premium and the Agent/Agency must be adhered too.
  • All contracts should be submitted for processing within 14 days from the date the Premium Finance Agreement took effect.
  • If Agency has drafting authority then a draft for the requested amount must be sent to the corresponding insurer, and a copy of the draft must be included with the original Premium Finance Agreement submitted to PRO Premium.
  • All corresponding monies (e.g. down-payments) must be attached to the original Premium Finance contract submission, when applicable.