Executive Finance Offers New Policy Finance Program

Chatsworth, Calif.-based Executive Finance Inc. recently announced a new policy finance program that pays agents a $30 bonus for each policy financed. Agents and brokers have discovered that offering premium financing to clients has been proven to increase retention and enhance the agency’s bottom line with additional cash for policies financed.

Insurance premium financing enables agents to offer their insureds the ability to spread the cost of an insurance coverage over a period of time, thereby avoiding the necessity of a substantial up-front payment of insurance premiums to an insurance carrier.

Operating with state of the art technology in a paperless environment, Executive Finance Inc. stores historical and current files and gives agents instant access to the stored information 24/7. Agents can access account details like when a payment is due and whether or not it has been paid. Executive Finance Inc. allows agents to track when an account is past due, or has been cancelled. Notification of late notices, cancellations, reinstatement notices and other correspondence can be either faxed or e-mailed directly to the agent.

Rates are very competitive and Executive Finance Inc. offers a $30 bonus for each policy financed. There are no preprinted finance agreements and Executive Finance Inc. does the work. Insureds select the method they wish to pay their monthly bills – online, fax, EFT (electronic funds transfer).

For more information about Executive Finance Inc. contact: Leila Navarro (818) 534-2610. Executive Finance Inc. is located at 9310 Topanga Canyon Blvd., Chatsworth, Calif. 91311. Phone: (818) 534-2610; fax: (818) 534-2611; Web site: www.executivefinanceinc.com.

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