Premium Payment: Difference between revisions

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Premium payments are easy to make in Equinox, and they can be initiated a number of ways.
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* '''[[Pay NFIP New Business]]''' - submit payment for a completed NFIP application
|color = blue
* '''[[Pay NFIP Renewal]]''' - provide payment to renew an upcoming NFIP policy term
|title =
* '''[[Pay NFIP Policy Change]]''' - make additional premium payments for NFIP policy changes
|text = This procedure explains how agents can '''submit premium payments''' for policies using the Equinox platform. <br>
Payments can be made to complete many types of procedures.
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== Procedural Steps ==
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|number = 1
|title = Step 1: Access the Policy in Equinox
|content =
* Log in to the Equinox platform and locate the policy requiring a premium payment.
* Open the policy record to confirm the payment amount and ensure the policy is active.
}}
{{collapsible-section
|number = 2
|title = Step 2: Initiate the Payment Process
|content =
* Navigate to the "Policy Actions" menu and select "Submit Payment."
* Review the pre-filled details, including:
  * Policy number
  * Premium amount
  * Payment due date
}}
{{collapsible-section
|number = 3
|title = Step 3: Enter Payment Details
|content =
* Provide payment information, such as:
  * Credit card details
  * Bank routing and account numbers
* Confirm the payment amount matches the premium due.
}}
{{collapsible-section
|number = 4
|title = Step 4: Submit the Payment
|content =
* Complete the payment process by clicking "Submit Payment."
* Ensure the system confirms the payment as successful.
}}
{{collapsible-section
|number = 5
|title = Step 5: Verify Payment Status
|content =
* Check the policy record to confirm the payment has been applied.
* Notify the policyholder of the successful payment and provide a receipt if requested.
}}


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<big>'''No additional fees are added to premium payments.'''</big>
 
== How to Submit Premium Payments ==
To make a premium payment, follow these steps.
''* This process is different for policyholders who make a payment through the [[Consumer Portal]].''

Revision as of 09:48, 5 March 2025

Premium payments are easy to make in Equinox, and they can be initiated a number of ways.

No additional fees are added to premium payments.

How to Submit Premium Payments

To make a premium payment, follow these steps. * This process is different for policyholders who make a payment through the Consumer Portal.