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Hybrid Financial Group LLC Releases Pay As You Go Workers Compensation...



Hybrid Financial Group, LLC launches Pay As You Go business insurance solutions To Broker Network. Registration (http://www.hybridfinancial.net/broker-registration) is now open for Brokers, Agents and Payroll Companies to offer Pay As You Go Workers' Compensation To their clients.





In the past, Workers' Compensation Insurance premiums have been based on estimated payroll figures determined prior to the policy period. In other words, premiums are based on a "best guess" approach without regard to seasonal fluctuations, industry down turns or other unforeseeable events. Hybrid Financial Group has introduced a revolutionary Pay-As-You-Go Workers' Comp Program offering a worry-free solution to the traditional Workers' Compensation Insurance. Best of all, the program is seamlessly integrated with the payroll services business already enjoy.



With this revolutionary approach to Workers' Compensation, there are no up-front deposits or finance charges for premiums. Traditional Workers Compensation policies require a significant upfront payment (Sometimes as much as 3 months of premium costs) to get a policy in place.



Payroll Companies are finding huge success with this revolutionary Pay As You Go Workers' Comp Program. New and existing clients will be thrilled to have this program available to them.



Hybrid Financial Group is a collaborative program that plugs agents and carriers into a Pay As You Go Workers' Comp Program (http://www.hybridfinancial.net) while providing business's access to Workers' Compensation Insurance via an ach deduction process in a simple and affordable monthly reporting format. As a Broker or Agent you will never have to worry about billing or premium collection.



This revolutionary system is designed to work with many popular payroll software programs and requires little administrative time from the Payroll Provider. The system allows all parties (Agent, Insured, Payroll Provider and Insurance Carrier) to view policy and premium data. The system is also designed to track and report payments made to 1099 employees and other subcontractors.



PROGRAM HIGHLIGHTS


* Premiums are based on Actual Payrolls vs. Estimates


* Maintain and Manage your Workers' Compensation Policy


* Maximize Cash Flow


* Eliminate Large Installment Payments


* Eliminate or Reduce Year-End Additional Premiums - Due to Audits


* Eliminate Writing Checks


* Real-Time Evaluation of Premium Payment History and Calculations



This cutting edge technology to computes the exact rate for each current payroll. If the experience modifier were to change between payroll periods or if the client underestimated their payroll, the system adjusts those elements and factors the correct premium every week. The key to success in marketing Pay As You Go Insurance solutions to clients is the technology. It is designed to compute the "net rate" each payroll period avoiding both lump sum down payments and intrusive audits. This pre-empts the scenario where a client understates their payroll and their premium is calculated based on an incorrect premium discount. That is what causes end of the year lump sums.



Register (http://www.hybridfinancial.net/broker-registration) at the Hybrid Financial Group website today and "Imagine the excitement of your current and new clients when you tell them they can now calculate and pay their Workers' Comp premiums weekly rather than the outdated annual lump sum approach!"






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