Two Options:

Option 1: IDC Will Send Money to the Company

Step 1: Agent Will Send to IDC:

• Original completed and signed finance agreement
• Insurance Applications
• Credit Card, Agency check, or Agency web check (ACH) for down payment made payable to IDC
• You may deduct your commisison from the check payment
• You may not deduct commission if insured's credit card is used

Step 2: IDC Will Send to the Company:

• "Advice of Financed Premium" Letter
• Copy of Finance Agreement
• Check for Total Premium (less commission if retained)

Step 3: IDC Will Send to the Insured

• All Payment Coupons to send in with monthly payments (we do not bill monthly)
• Welcome Letter advising how to log into to our online payment system
• Copy of Contract

Option 2: IDC Will Reimburse Agent

Step 1: Agent Will Send to IDC:

• Original completed and signed finance agreement
• Insurance Applications

Step 2: Agent Will Send to Company:

• Agency check for Total Premium made payable to the Company
• Agency will keep the down payment

Step 3: IDC Will Send to the Company:

• "Advice of Financed Premium" Letter
• Copy of Finance Agreement

Step 4: IDC Will Send to the Agent:

• Check or ACH for Amount Financed

Step 5: IDC Will Send to the Insured:

• All Payment Coupons to send in with monthly payments (we do not bill monthly)
• Welcome Letter advising how to log into to our online payment system
• Copy of Contract