Benefits to Policy Holders

Pinnacle's  pay as you go (Paygo)  programs give clients the cash flow relief they need in a down economy.   These policies require no down payment of premium, and are billed monthly as a percentage of payroll .  This unique approach can release the cash flow burden a policy holder can be up against in a down or volatile economy.

Traditional policies usually require an up-front payment of a premium based on estimated yearly payroll figures.  This can harm you cash flow in two ways:

1. Company payroll is overestimated or business takes a downturn.  A substantial down payment and  payments going forward are handcuffing company cash flow because it is based on payroll numbers higher than expected and company revenues have decreased as well.
2. Company payroll is underestimated.  The extra cash flow is used to stimulate business and grow.  However, after the policy end a large audit premium is due along with a  large chunk for the new policy down payment. 

These scenarios can lead to catastrophic cash flow issues.

We can help remove companies from the realm of uncertainty.  Our program requires only 1/12 payment of premium and the payments going forward are based on actual payroll figures, not rough estimates.  Company cash flow will match  premium requirements allowing for controlled growth or contraction for any company.