Direct Bill
Take the hassle out of collecting payments and achieve higher renewal retention by using SIU’s Direct Bill products!
Benefits:
- SIU handles all renewal payments and notices
- Agent receives full commissions!
- Complete renewal quote details sent to Agent and Insured
- Easy-Pay option available online
How it Works:
New Business
- Place a piece of business with SIU
- Set the insured up with SIU’s Direct Bill program
- Collect the Insured’s first installment
- The Insured will be billed
Renewal Business
- Renewal solicitations are sent by SIU to both agent and insured
- Insured sends payment directly to SIU
- Renewal coverage bound and issued upon receipt by SIU
- Renewal policy sent by SIU to the agent to forward to the insured
- SIU Easy-Pay option allows customers to pay via Credit Card, Debit Card and EFT
- Agent receives full renewal commission, once down payment is received
- SIU bills the insured monthly for remaining premium (if financed with SIUPREM)