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Chesapeake Employers Insurance has partnered with SmartPay Solutions, a leader in the pay-as-you-go industry for workers’ compensation insurance, to provide you with a flexible payment option. Visit the SmartPay website for more information.
Real-time premium calculations
Improved cash flow management
Automatic premium withdrawals
Pay-as-you-go with SmartPay Solutions allows our eligible policyholders to pay their premiums based on real-time payroll information each payroll cycle. Best of all, your premium will be calculated on actual, not projected, payroll, which could improve your cash flow management and streamline the year-end audit process.
You may enter payroll data manually or use a payroll service vendor.* SmartPay Solutions will then calculate and withdraw premium from your bank account based on each payroll report.