Premiums 2017-07-14T11:04:53+00:00

Premiums

 

As a part of our commitment to you, our client, we strive to make our premium submission process as painless as possible. If you have any questions or concerns about the policies outlined below, we are always here to speak with you one-on-one and give you the personalized service that you need!

Due Date: Premiums are due on the first day of the month of coverage. If payments are not made within the coverage month, an Intent to Cancel letter will be sent out. If payment is not made within 45 days of the due date, the account is subject to termination without further notice. Please note that non-payment notices are not required by the policy, and, if issued, are to be construed as a courtesy extended by Underwriting Management Experts.

Premium Payment Forms: All premium payments or adjustments must be accompanied by a Premium Accounting Worksheet.

 

Customized worksheets are acceptable if they include the following data:

  • Coverage period of payment
  • Census by coverage type (single/family)
  • Rates by coverage type
  • Commission rate and amount being deducted (if applicable)
  • Name and phone number of the person preparing the premium worksheet

 

Any adjustments must be made within three months of the original payment. The adjustment should be itemized on a separate premium worksheet containing all the information required for a regular premium payment.

Contact Information
For more information, contact:

OR

W-9 Forms

Any broker or TPA receiving or withholding commissions must submit a completed W-9 form to UME. Download a copy below or contact Donna Yaun at (267) 519-1900 ext. 704. These forms are also available at www.irs.gov.

 

Send premiums to:

If you are interested in making payments by wire/ACH, please feel free to contact us and we will provide you with all necessary banking information.

 

CLICK HERE TO DOWNLOAD THE PREMIUM SUBMISSION FORM
CLICK HERE TO REQUEST 5500 INFORMATION
CLICK HERE TO DOWNLOAD A BLANK W-9 FORM