2.3 02022021 Monthly Payment Plan Changes and Training Aid
2.3 02022021 Monthly Payment Plan Changes and Training Aid

Monthly payment plan: $350 minimum, reduced fees and new training guide

To our Valued Broker Partners:

Effective immediately:

  • Stratford accepts $350 minimum premium on Monthly Payment Plan.
  • The $35 fee for installment date changes is waived when within 60 days of policy issuance.
  • The $100 mid term cancellation fee is waived in its entirety.
  • There is no mid-term down payment taken for additional premiums less than $5,000 (where previously a new mid-term down payment was taken when the additional premium was more than half the sum of the remaining installments).

New MPP Job Aid

We’ve created a new job aid to assist you with setting up monthly payment plans. You can find the job aid by clicking here.

It contains step by step instructions and visuals to walk you through the various screens. It also contains useful information on the interest rate and fees.

Make sure to turn off or disable your Internet browser’s pop-up blockers. If this is not done you will not proceed to the First Insurance site to complete the transaction.

Rhonda Zimmermann
Business Development Manager

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