You’re ready to bind! Here’s what you need to know as a payroll partner.
We’re committed to ensuring the binding process is as simple as possible for ADP. Below are a few frequently asked questions when it comes to binding with Pie.
Yes, use our binding checklist as a guide for submitting your clients for coverage after they’ve approved their quote. You can also download our checklist for easy reference.
Bind orders are processed within 24 hours.
Pie is paperless when it comes to binding, so there is no need to send us an ACH form or a voided check to get your clients set up for payments. Your clients will receive an email with their policy number, as well as a link to make their first payment—don’t worry, you’ll be copied on the email so you’ll see when it is sent.
Curious what other emails you’ll be copied on? We lay it all out here.
Pie offers a variety of payment options to meet our policyholder’s needs.
At the time of bind, we’ll send an email with secure payment link information to your client with you cc’ed, letting them know that we accept credit cards, debit cards, or ACH. We offer four payment plans:
Annual: 100% deposit Due up front
Semi-annual: 50% deposit Due every 180 days
Quarterly: 25% deposit Due every 90 days
Monthly: 16.6% deposit Due monthly for 10 months
Pay-as-you-go: Pay as a percent of payroll
If the insured does not make their payment within the first 30 days, we cancel the policy back to a flat cancellation.
Note that all semi-annual, quarterly, and monthly payments will include a $5 installment fee on each bill.
Pie issues policy documentation 24 hours after receiving the first payment, so we don’t issue binders.
Your clients can find notices for their state here.