FULMONT MUTUAL INSURANCE COMPANY
ACH METHOD OF PAYMENT ACH is available to policyholders Policyholders may pay their premium by ACH (Automated Clearing House) function. ACH is an automated, secure, direct way to pay insurance premiums. We offer ACH function to pay insurance premium in a single lump sum or a direct payment plan of up to four payments. Please note there is a service charge of $6.00 per payment. Here is how it works - Your policyholder authorizes their depository bank to deduct from their checking account the selected amount of insurance premium on a certain date (or dates -if the payment plan is selected). The amount would then be transferred by ACH to our account on or about the date(s) selected. The ACH method is strictly voluntary. Please note: policyholder can still continue to pay premium by check. If your policyholder is interested in the ACH method of payment that will eliminate the cost of writing and mailing a check, please have them complete the authorization form, sign it and fax, mail or e-mail it to us. Print some of the authorization forms day to have on hand to assist your customer in this easy method of payment. revised 3/008 |