Stephanie Hilscher » Premium Finance LP

TAGA Premium Finance L.P. Procedures

Finance quotes should be sent with most policy quotes except workers compensation.

• Once received the agent/insured may choose to use the TAGA Premium Finance note or disregard it.
• If the agent/insured chooses to use the TAGA Premium Finance note then it must be signed and dated on both pages of the note by the appropriate party.
• The signed and dated note must then be faxed or mailed back to TAGA Premium Finance with the request to bind policy and the note will be set up.
• The day the note is set up the insured is mailed a sheet of 9 coupons (9 installments).
• The first payment is due 30 days after the inception date of the policy.
• If TAGA Premium Finance does not receive the payment within 10 days after the due date then a “Notice of Intent to Cancel” is mailed out to the agent and the insured.
• If TAGA Premium Finance does not receive payment within another 10 days after the “Notice of Intent to Cancel” is issued then a “Cancellation Notice” will be mailed to the insured, agent and Tejas American General Agency.

Department Staff