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.