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Oklahoma - The Hanover Insurance Company

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					                                                                                                                     Oklahoma




PAYMENT OPTIONS             NEW BUSINESS                                               RENEWAL BUSINESS                                       BILLING FEES
Full Payment*               Full Payment:                                              Full Payment:                                          Late – $25
                            • 100% down payment                                        • One installment                                      NSF – $25
                            Two Installments:                                          Two Installments:                                      Late – $25
Two Payments                • 50% down payment                                         • Two equal installments due at a 6 month interval     Invoice – $6
                            • One subsequent installment is due at a 6                                                                        NSF – $25
                              month interval
                            Three Installments:                                        Three Installments:                                    Late – $25
Three Payments              • 40% down payment                                         • Three installments of 40%, 30% and 30% due at 3      Invoice – $6
                            • Two subsequent installments of 30% due at 3                month intervals                                      NSF – $25
                              month intervals
                            Four Installments:                                         Four Installments:                                     Late – $25
Four Payments               • 25% down payment                                         • Four equal installments due at quarterly intervals   Invoice – $6
                            • Three equal subsequent installments due at                                                                      NSF – $25
                              quarterly intervals
                            Ten Installments:                                          Ten Installments:                                      Late – $25
Ten Payments                • 20% down payment                                         • Ten equal installments due at monthly intervals      Invoice – $6
                            • Nine equal subsequent installments due at                                                                       NSF – $25
                              monthly intervals
                            Twelve Installments:                                       Twelve Installments:                                 Late – $25
Monthly                     • 20% down payment                                         • Twelve equal installments due at monthly intervals Invoice – $6
                            • 11 equal subsequent installments due at                                                                       NSF – $25
                              monthly intervals
* Your customers can save a significant amount through our Paid-in-Full Discount and avoid invoice fees when they pay their full policy
premium in a single payment. The discount amount applies to auto insurance coverage only and will be applied by coverage.


This material is provided for informational purposes only and does not provide any coverage.




                                                                                                                                                    LC 12-144
PAYMENT OPTIONS            NEW BUSINESS                                               RENEWAL BUSINESS                                              BILLING FEES
Full Payment*              Full Payment:                                              Full Payment:                                                 Late – $25
                           • 100% down payment                                        • One installment                                             NSF – $25
                           Two Installments:                                          Two Installments:                                             Late – $25
Two Payments               • 50% down payment                                         • Two equal installments due at a 3 month interval            Invoice – $6
                           • One subsequent installment is due at a 3 month                                                                         NSF – $25
                              interval
                           Three Installments:                                        Three Installments:                                           Late – $25
Three Payments             • 34% down payment required                                • Three installments of 34%, 33% and 33% due at 2             Invoice – $6
                           • Two subsequent installments of 33% due at 2                month intervals                                             NSF – $25
                              month intervals
                           Four Installments:                                         Four Installments:                                            Late – $25
Four Payments              • 25% down payment                                         • Four equal installments due at monthly intervals            Invoice – $6
                           • Three equal installments due in monthly                                                                                NSF – $25
                              intervals
                           Six Installments:                                          Six Installments:                                             Late – $25
Monthly                    • 20% down payment                                         • Six equal installments due at monthly intervals             Invoice – $6
                           • Five equal subsequent installments due at                                                                              NSF – $25
                              monthly intervals
* Your customers can save a significant amount through our Paid-in-Full Discount and avoid invoice fees when they pay their full policy
premium in a single payment. The discount amount applies to auto insurance coverage only and will be applied by coverage

This material is provided for informational purposes only and does not provide any coverage.




                                                      PAYMENT METHODS AVAILABLE IN OKLAHOMA
   ‘Pay a Policy Now’ by Phone at 800-573-1187 or                Schedule a payment and sign up for e-bill at                     Recurring EFT payments
            On-line at www.hanover.com*                                     www.hanover.com*                                      (Invoice fees do not apply)
                                     
    □ Credit Card □ Debit Card □ Checking                                          
                                                                                □ Checking                                    
                                                                                                                              □ Checking        
                                                                                                                                                □ Savings
*The maximum payment amount per transaction is $10,000.




                                                                                                                                                                LC 12-144

				
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posted:3/21/2013
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