You have
two options
as to how
money is disbursed

1
IDC will send all money
to the company

You send IDC:

Original completed and signed finance agreement.

Insurance application.

Your
agency check for down payment made payable to IDC (less commission if applicable).

The insurance company/general agent will receive:

"Advice of Financed Premium" letter.

All applications.

Copy of finance agreement.

Check for total premium (less commission if retained).

You will receive:

Register of contracts received that day.

Copies of checks sent to companies.

2
IDC will send
amount financed to your agency

You send IDC:

Completed
and signed finance agreement, faxed or emailed to us.

There is no need to send any money or applications when reimbursing your Agency..

The Company will receive:

"Advice of Financed Premium" letter.

Copy of finance agreement.

 You will receive:

Register of contracts received from your office that day.

ACH deposit or checks for total amount financed for contracts received that day, payable to your Agency.

* If the policy is Agency billed or your account is drafted for the premium.