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Our
Continuous Pay Plan program establishes a continuing security
- the collateral deposit. This deposit **(which is included in
the initial payment) allows the customer to make near-level payments
every month - maintaining the policy while eliminating the large
down payment required at policy renewal.
Traditional
payment plans are also available for both semiannual & annual
terms.
*If
an insured's driving record or coverage does not change - the
down payment at renewal will be about the same as a regular monthly
payment.
**The
collateral deposit is refundable once all required monthly payments
are made and the customer chooses not to renew his/her insurance
policy.
©
Copyright 2007 Security Federal Premium Pay Plans, Inc., a licensed
premium finance company in South Carolina.
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