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Workers' Compensation > Policyholders > About WC Premium & Billing

About Workers' Compensation Premium & Billing

NYSIF policyholders may spread their premiums over 10 payments, based on the following premium levels and payment options:

  • Premium up to $999 - 100% down
  • Premium $1,000 to $9,999 - 50% down and nine equal payments
  • Premium $10,000 and over - 25% down and nine equal payments

Exceptions may apply to payment plans and deposits based on policy size, industry and policy type. Safety group members should contact their group manager for additional information about their specific payment plans.

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Understanding Workers' Compensation Premium
Workers' Compensation Premium Components
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