Payment Plans
You may always opt to pay the full premium and pay no installment charges.

There is a $6.00-per-installment fee.

If annual premium is less than $200.00, no payment plan is available.

If annual premium is $200.00 to $2499.99:
6-Pay - Pay Your Premium in Six Installments

  1. 25% by the effective date of your policy.
  2. 15% + installment fee will be due 60 days after the policy effective date.
  3. 15% + installment fee will be due 120 days after the policy effective date.
  4. 15% + installment fee will be due 180 days after the policy effective date.
  5. 15% + installment fee will be due 240 days after policy effective date.
  6. 15% + installment fee will be due 300 days after policy effective date.

If annual premium is $2500.00 or more:
10-Pay - Pay Your Premium in Ten Installments

  1. 15% due on the effective date of the policy
  2. 10% + installment fee due 30 days after the effective date of the policy
  3. 10% + installment fee due 60 days after the effective date of the policy
  4. 10% + installment fee due 90 days after the effective date of the policy
  5. 10% + installment fee due 120 days after the effective date of the policy
  6. 10% + installment fee due 150 days after the effective date of the policy
  7. 10% + installment fee due 180 days after the effective date of the policy
  8. 10% + installment fee due 210 days after the effective date of the policy
  9. 10% + installment fee due 240 days after the effective date of the policy
  10. 5% + installment fee due 270 days after the effective date of the policy

Cancellations for non-payment of premium will be issued when a check has been dishonored by the bank or no payment has been received on its due date. The amount due will be the original premium, plus any late fees. The amount payable will be payable in cash, check, money order, certified bank check, or Agency Check.

Note: There will be a service charge fee for any dishonored checks returned. The fee imposed depends upon the schedule of rates, fees and charges utilized by our current depository bank. This fee shall not exceed $25.00.

Here's How it Works

  1. We'll send you a bill approximately two weeks before each payment is due, along with a pre-addressed envelope for sending your check or money order.
  2. You may mail us your payment, enclosing your paper bill stub. Please remember to write your policy number on the check or money order. Make sure that you mail your payment in time for it to reach us by the due date.
  3. You may also pay by Visa, Mastercard or check by phone. Please call our Accounting Department at 1-845-434-4550 during regular business hours.
  4. Bounced Check fee - $25.00
  5. Non-Pay Cancellation notice fee - $20.00

Mail your payments to:
Associated Mutual Insurance Cooperative
39 Broadway
Woodridge, NY 12789