• Quote Production
• Financing Contract Issuance
• Insured Status Verification
• Online Payments
• Report Creation
• Mobile App

We can consolidate multiple policies, even those underwritten by different agencies and/or insurance companies.

We specialize in financing premiums for the following coverages:

1. Personal Package
2. Commercial Package
3. Responsibility (Liability) – Personal – Commercial – Professional
4. Auto – Personal – Commercial
5. Homeowner
6. Negligence (Malpractice)
7. Dwelling
8. Officers and Directors (Directors & Officers)
9. Errors and Omissions (Errors & Omissions)
10. Boats (Yacht)
11. Among others

• Policy for contract processing: The minimum charge to process a financing contract is $60.00 and it can change depending on the company’s internal policy. The insured can finance their policies for a minimum of 6 months and a maximum of 10 months. A minimum prompt payment corresponding to 25% of the total insurance premium is required. In the event that a down payment amount of less than 25% is requested, it must be authorized by an Axeso representative. If the contract is approved with a down payment of less than 25%, you must include schedule A where it indicates that the insured is responsible for any deficiency, once the cancellation credit is received by the general agency. In the event that the financing contract has expired terms or balances owed in previous contracts, they must be paid in order to process the new contract.
  
  You can send the financing contracts signed by the insured to contratos@axesofinance.com and once received, we will proceed to send it to the general agency for signature.
  
  This module allows the insurance agent to include his digital signature (e-signature) and send the contract to the insured, so that he can include his digital signature as well. In addition, several general agencies and insurers can be included in the same financing contract.
  
  

• Guidance on the most convenient financing for your policyholders: Our work team is always available to offer you the best payment alternative for your policyholders. This flexibility and personalized service will allow you to offer the most convenient insurance policy for your insured.
  
  
• Payment of Contracts to Agencies: We make premium payments to general agencies on Wednesdays and Fridays through electronic payment transfer or before the date of their respective closings. This allows your insured’s policy to be duly valid and, in turn, you will be able to receive the payment of your commissions without any problem. The General Agency is sent an email detailing the contracts that are being paid for each electronic transfer.
  
  
• Payment of incentives: Incentives are paid between the 5th and 10th of each month. These payments are made through electronic transfer or check, as established in our system.
  
  
• Date of first payment: The date of the first payment is determined by one of our officers based on the date of inception and the percentage of prompt payment.
  
  
• Collection system: To promote good communication between our office and our insurance agents, the collection department will be informing you of the accounts that are in arrears on a monthly basis. In this way, you will always be well informed about the status of your accounts.
  
  
• Periodic visits by the Sales Executives: The Sales Executive assigned to the insurance agent would be visiting him frequently to maintain a solid business relationship between both parties. Our company is characterized by personalized service to our insurance agents, general agencies and policy holders.
  
  
• Notifications & Reports Sent: As part of our services, insurance agents will be receiving the following documents via email:
  • Cancellation requests
  • Reinstatement requests
  • Pending Cancellation Report – the insurance agent is notified 5 days before the expiration date of the monthly term of the contract of its policyholders.
  • Aging of all active contracts of its policyholders
  • Policy Expiration Report – Two months before the expiration of the policy, the insurance agent will be notified of the accounts that are about to be renewed.

In this system, the insurance agent will be able to quote and in turn print the financing contract. The quote made is recorded in our system daily, speeding up the process of sending payment books and the disbursement of the financed premium to the general agency. This method allows contracts not to be lost, significantly speeding up and speeding up the process of contracts.

This module allows the insurance agent to include his digital signature (e-signature) and send the contract to the insured, so that he can include his digital signature as well. In addition, several general agencies and insurers can be included in the same financing contract.

Two months before the expiration date of the policy, in the customer service module, the insurance agent may renew the financing contract by pressing the RENEW button. This process creates an exact copy of the previous contract and the insurance agent would have to validate and edit the fields that have changed before processing it.

This module presents all the information contained in the financing contract and, in turn, includes the balance owed by the insured. The insurance agent may make payments on behalf of the insured and download documents sent to the insured at any time such as: financing contract, payment books, cancellation and reinstatement request, among others.

We are interested in helping you in the purchase and validity of your insurance policies. That is why at Axeso we offer various payment alternatives. Among these alternatives are:

• Check, Money Order and Cash
• Direct Debit – The insured must fill out the direct debit authorization and include a “void” check so that it can be debited once a month from their checking or savings account. If you want to make your payment with this method, please download this form in PDF format and fill it out. Download document here
• Tele check – Payment by email and/or fax. You must send Axeso the sheet authorizing the debit from your account. If you wish to make your payment with this method, please download this form in PDF format, fill it out and send it to check@axesofinance.com. Download document here
• Credit Card – Using Visa or Mastercard. If you wish to make your payment with this method, please download this form in PDF format, fill it out and send it to tarjetadecredito@axesofinance.com. Download document here
• First Bank branches – You must accompany your payment with the coupon at the branch.
• Telephone Payments – Please call us at 787-522-0141 for any telephone payments. You can make your payments with a bank account and with Visa and Mastercard credit cards.
• Payment webiste – When accessing www.axesofinance.com, in the My Account/Insured module you must press the My Account button – Prefix 1139. You must enter your contract number and assigned password in the welcome letter you received when your contract was processed. You can change this password at any time.
• Mobile Application – You can make your payments with a bank account and with Visa and Mastercard credit cards. To download the mobile application you can enter through our website www.axesofinance.com at the bottom right of the home page. There you will also find the installation instructions. Also, from your mobile you can go to https://www.mobilepbs.com/Select and complete the download process.
• Service charges may apply.