Can I change the payment option upon renewal ?
Yes! Contact our Accounting team at accounting@agileuw.ca if binding an Obtained renewal and they can choose the billing type required.
What if the Renewal is already on a monthly payment plan? Do I have to do anything to renew it?
No, our accounting team will renew the contract and our premium financing partner, First Insurance Funding, will contact the customer with updated terms.
Can I track my commissions and monthly statements on the Broker Portal?
Our accounting team will provide monthly direct bill and agency bill statements as usual.
What are the payment options available for all the products in the portal?
- We offer Agency billing or Direct billing on all products.
- On Agency Bill we accept cheques, EFT or bill payment.
- On Direct Bill we offer full payment via credit card through the portal or monthly payments via First payment plan by contacting Accounting@agileuw.ca
Am I able to add my broker fee to the quote?
No, our portal does not have the functionality to include a broker fee outside of the indicated premium, UW fee (if applicable) and commissions to you. However, you can collect this within your brokerage to the insured separately if you wish.
What are the payment options for Direct Bill policies
Option 1 – Pre-authorized Monthly Payment Plan
FIRST Insurance Funding of Canada charges the monthly payment plan interest rate. The interest rate is based on current market conditions, risk factors, and loan terms. The rate will be listed on each quote and remains fixed for the duration of the loan. To receive a quote, please email accounting@agileuw.ca. Renewals with First Insurance Funding are continuous, and any future transactions (endorsements and renewals) will be applied to the monthly plan accordingly. The payment plan may be cancelled by the client in writing or following the cancellation of the policy.
Option 2 – Payment in full by credit card
Go to https://www.policypayments.com/AgileWest – select No Policy Payment ID and fill in client information. (2.97% system access fee applies). Regardless of if there is a policy# on renewal, you will have to still select ‘No Payment ID’ to process via the link and follow the actionable prompts.
What are the payment options for Agency Bill policies?
Contact your broker directly for payment options.