Return to Archive
Dear Valued Agent:
You know it makes sense to finance policies at the same place where the policy is serviced. There's less chance for confusion resulting from incorrect premiums, policy numbers, and policy terms/conditions, not to mention coordinating cancellations and reinstatements.
PIU and our financing subsidiary, Northwest Premium Payments, would like to offer you a financial incentive to go along with the service advantages.
Northwest Premium payments (NPP) will pay your agency 1% of net financed premiums subject to a minimum of $50,000 in financed premiums. Financed premiums exceeding $100,000 will earn an additional 1% for a total of 2%. The incentive offer is for PIU financed business that is executed in 2010, with policy effective date falling within the 2010 calendar year. Incentive payments earned will be paid by 1/31/2011.
PIU would also like to offer you individual logins to the NPP system. This way you can access the NPP system and create a "pending agreement" which the applicant can sign at the same time they sign their binding documents. Everything can be mailed in together and finalized upon receipt in our office. One login will be assigned per agency. *It is not required that your agency has a login to access NPP. Please reply to this email if you are interested in access for your agency. (Responses are recieved and will be addressed by Brian Fassburg.)
Reports are available upon request so you can track your progress. Policies are listed individually with their associated financed amounts, and totals at the bottom.
Sincerely,
Randy Blanchard
