Payment Plans
Missouri Employers Mutual Insurance offers several payment plans to suit your needs.
Premium Payment Plan Options Less than $1,000 Annual prepaid $1,000–$1,500 Annual prepaid Two installment $1,501-$3,500 Annual prepaid Two installment $3,501-$10,000 Annual prepaid Two installment $10,001-$35,000 Annual prepaid Two installment $35,001 or more Annual prepaid Two installment
Four installment
Six installment
Four installment
Quarterly reporting
Six installment
Four installment
Quarterly reporting
Six installment
Monthly reporting
Four installment
Eight installment
Quarterly reporting
Six installment
Nine installment
Monthly reporting
Down payments and deposits:
• Two-installment Option requires a 50 percent down payment with the balance due in 60 days.
• Four-installment Option requires a 25 percent down payment with billings every 60 days.
• All Other Installment Options require a 15 or 25 percent down payment, billings every 30 days.
• Quarterly Reporting requires a 50 percent deposit.
• Monthly Reporting requires a 25 percent deposit.
In all cases, security deposits will be transferred to the new policy term at renewal. A $10 service charge is applied per installment.
To enroll in a payment plan at your policy's renewal, complete the payment plan enrollment form. For more information, contact our Customer Service Department at custsrv@mem-ins.com or 1.800.442.0593.