- Premium up to $999 - 100% down
- Premium $1,000 and over - 25% down and nine equal payments
- NYSIF PAYGO - $0 down; payments based on actual payroll each per pay period through approved payroll processors
Exceptions apply. Safety group members should contact their group manager for specific payment plans.
Installment Plans (other than PAYGO)
- The first payment must be received prior to policy inception or renewal
- You may pay in full at any time, or pay the minimum amount due
- A $10 policy service charge is applied to each installment bill
- All policy activity during the month is reflected in the next billing statement
- Audit balance installments vary based on when the audit balance posts to your account
- No interest is charged on audit balances that are paid in full. Unpaid audit balances are subject to a 1% monthly interest charge
- The minimum amount due must be paid in 30 days to avoid cancellation of the policy
- Payment is due immediately on all cancelled policies
See Pay My Bill to choose your payment option.