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Policy Bill and Totten partner to provide clients a monthly payment plan

Premium finance solution is effective February 1.

Policy Bill has partnered with Totten Insurance Group to provide an outsourced point of sale solution for monthly payment plans.

Named the Totten Pay Plan, this new offering is a premium finance solution that allows clients to pay for their Totten policy using a monthly payment option. It is effective February 1, 2012.

“We continually strive to enhance our offering to Totten brokers,” said Ross Totten, CEO of Totten Group. “By partnering with Policy Bill we feel we are bringing enhanced value and innovation to our over-all service offering.”

The Totten Pay Plan has been implemented as a result of requests from broker partners to assist them when asking clients, “How would you like to pay for your policy?”

“We are very excited to have Totten choose Policy Bill and Equity Premium Finance for this solution,”  said Stuart Bruce CEO of Policy Bill. “Using our Policy Bill Connect web service means a valuable option is easily offered to the Totten’s broker partners and ultimately the end client.”

The Policy Bill Connect technology facilitates a streamlined pay plan creation, submission and funding process making it easy to provide an offering to the client with little effort.

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