Premium Payment and Service Fees
| The Association requires premium payment in advance of the effective date. This applies to both new business and renewals. The Association accepts payment by wire, ACH, direct deposit to our bank account (see below) or check (sorry, no credit card payments can be accepted). The Association also honors premium finance agreements. Alternatively, many insureds are eligible for the Association's installment payment plan. | ||||
| Service Fees | ||||
| The Association charges service fees for returned checks and claim history reports: | ||||
| - | Checks returned for insufficient funds or stop payment - $30 per check per occasion (if the Association deposits a returned check at the payer's request, the charge applies each time the check is returned.) | |||
| - | Policy / Claim History Reports / Coverage Verification for Past Periods: $25 per policy holder. This fee does not apply to policy holders currently insured by the Association. | |||
| The Association's fees were filed with the Insurance Department have been approved. These fees are effective 6/1/2009: | ||||
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Installments |
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An eligible insured with a JUA premium of $5,000 or greater may elect to pay for coverage on an installment basis. Any insured is eligible for installments unless there has been more than one payment incident in the past 3 years. Refer to the Installment Plan for details. |
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| The Association's fees Installment Plan was filed with the Insurance Department have been approved. This plan is effective 6/1/2009: | ||||
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Mail checks made payable to PAJUA to: |
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Lockbox
PO Box 783487
Philadelphia, PA 19178-783487
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