DIRECT BILL SUPPLEMENT
INSURED’S REMITTANCE OF PREMIUMS
The Insured may choose one of the following payment methods:
Mail payments to
/Overnight Courier payments to
/Wire Transfer payments to
Chartis/AIGAmerican International Companies
22427 Network Place
Chicago, IL 60673-1224 / Chartis/AIG
J. P. Morgan Chase
Attn: Lockbox 22427
American International Cos
131 South Dearborn-6th FL
Chicago, IL 60603 / Account Title – New Hampshire Insurance Co. Div 13 WC
Account # 699281614
ABA # 021000021
JP Morgan Chase, Chicago, IL
Please ask the Insured to include the following on each check:
· the Named Insured as stated on the policy, and
· Federal Employer Identification Number (FEIN), and
· Policy Number(s).
This will assure correct application of payments to the proper policies.
Benefits of Direct Billing
· Reduce your accounting time and expense
· Reduce your collections time and expense
· Eliminate your credit risk
· Easy to read Invoices and Statements
If you have any questions regarding the direct billing process, please call our Customer Service Department between the hours of 8:30 AM and 5:00 PM Eastern Standard Time, at 1-800-645-2259
PRODUCER’S REMITTANCE OF PREMIUMS
If you remit premiums to the Company, remit the full premiums without withholding Commission – i.e., “Gross”. Please advise your sub-producers, if applicable. We will send you a check for your Commission. We will consider payments received “net of Commission” as “short payments”, and will cancel the policy for non-payment of premium.
Remit the premiums under any of the above three “Direct Billing” methods to the addresses shown.
PREMIUM FINANCE AGREEMENTS AND REMITTANCE OF PREMIUM
If the premium is paid by a third party, please ask them to:
· remit payment under any of the above three “Direct Billing” methods to the addresses shown; and
· send us a copy of the financing agreement as follows:
Fax to: (973)331-8512
Attn: Accounting
Or Mail to: AIG
P.O. Box 409
Parsippany, N. J. 07054
Premium financing may be available through Imperial American International Credit Corporation (AICCO). Contact your local AICCO branch or call 1-800-221-3450 for the branch nearest you.