Agency Bill is also known as Premium Finance.  Only choose this option if the premium balance will be financed through a Premium Finance company. 

When choosing Agency Bill, please specify under the 6 Month Pay Plan & the 12 Month Pay Plan:

• Percent Down
  • The percentage of the total premium that will be required as a downpayment
• Number of Payments
  • After the downpayment, this is the number of payments the insured will have left
• APR
  • Annual Percentage Rate.  This percentage is used to calculate the finance charge on the term balance after the downpayment is made