Billing 3

Question 1

Pre-authorized payments charged to a credit card

Answer 1

-monthly (includes installment fees)
-paid in full
-available for most policies with some exclusions
-enroll at anytime

Question 2

Recurring credit card pay plan

Answer 2

-similar to easy pay plan
-pre-authorized payment
-automatically charged to credit card
-customer selects the date of the premium charge
-benefits to customer and agency are mostly the same
-no discounts offered
-this payment option includes installment fees

Question 3

Easy pay plan

Answer 3

-a payment method
-can be used in conjunction with any billing method
-qualifies customer for easy pay plan discount
-helps customers keep the good payer discount
-customer enrolls on MyAccount on Allstate.com

Question 4

Easy Pay Plan Effective Dates

Answer 4

-Available for most P&C policies
-Apply anytime during the policy period
-Payment options: Monthly or Pay in Full
-selection of preferred withdrawal date: 1st-28th
-Policy effective date remains the same
-If effective date is the 29th-31st and no withdrawal date is selected, the system defaults the withdrawal date to the 1st of the next month