Billing Options
Agency Bill When you choose agency bill in V 2 , Victor will mail an inoice to you following policy issuance. You can also download your billing notice in the Policy Summary section of V 2 . Commission payments are mailed to you when payment is received.
Direct Bill When you choose direct bill in V 2 Victor will mail an invoice to the insured following policy issuance. Commission payments are mailed to you when payment is received. Will you notify me before a policy is canceled for nonpayment of premium? Yes. You will receive correspondence from us if payment is not received within 25 days of the policy effective date.
Where should payment be mailed? For regular U.S. Postal Service: Victor Insurance Managers Inc. 14288 Collections Center Drive Chicago, IL 60693 For overnight packages: Bank of America Lockbox Services 14288 Collections Center
Will I continue to receive a paper invoice? Yes. A formal accounting invoice will be mailed immediately following policy issuance.
Can I pay with a credit card? At this time we do not accept credit card payments. We are working to accept credit cards in a futre release of V 2 .
How long do I have to pay for a policy? You have 30 days from the policy effective date. What happens if I fail to pay for a policy? Coverage is contingent upon payment of premium and policies will be cancelled flat if payment is not received within 30 days of the policy effective date.
BILLING QUESTIONS? Email accounting.us@victorinsurance.com.
Victor • 7
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