New! Equal Monthly Billing (12 installments) may be available for eligible policies with more than $500 in premium. Talk to your policy rep for details.
Policies not eligible for Equal Monthly Billing will have the following payment plan:
- 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 may apply.
Installment Plans (other than PAYGO)
- The first payment must be received prior to policy inception or the renewal due date found on your monthly bill.
- 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 by the due date, found on your monthly bill, to avoid cancellation of the policy.
- Payment is due immediately on all cancelled policies.
Payment Information
See Pay My Bill to choose your payment option.