Orange County NC Website
DocuSign Envelope ID:91 F43AFA-8CB4-4861-887A-F304C7A6614B <br /> ALLIANCE OF Finand*Lbefigth <br /> M BEST <br /> ❑ NONPROFITS FOR naae <br /> INSURANCE P.O. Box 8507, Santa Cruz, CA 95061-8507 <br /> (831) 459-0980 (800) 359-6422 Fax (831) 459-0853 <br /> aw 1uuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu <br /> A Head for Insurance.A Heart for Nonprofits. www.insurancefornonprofits.orq <br /> Dear ANI Member, <br /> Your insurance broker has put your policy on our Direct Bill Program. We have <br /> developed this more flexible billing system in response to feedback from our <br /> members. <br /> Each month you will receive a statement documenting recent activity on your <br /> account. Similar to a credit card statement, you will have the choice to pay off <br /> the entire balance or make the minimum payment. Your first statement will <br /> require a minimum payment of 20% of the total annual premiums. The second <br /> through ninth statements will require a minimum payment of 10% of the total <br /> annual premiums, plus any unpaid portion of the previous minimum payment. <br /> In addition, the minimum payment will reflect adjustments for changes in coverage, <br /> and a charge for interest. <br /> Please note that an interest charge will be assessed on all outstanding balances <br /> after the first statement. Our current simple interest charge is equivalent to 3% <br /> APR (.25% per month). This charge will be itemized in the detail section of each <br /> statement. <br /> We hope this more flexible payment method meets the needs of your organization. <br /> If you have any questions or comments, feel free to call our accounting department <br /> at (800) 359-6422. <br /> Sincerely, <br /> Kimberly Aday <br /> Chief Financial Officer <br /> Statutory Office:2386 Airport Road,Barre,VT 05641 ANI is a nonprofit 501(c)(3)tax-exempt organization <br />