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Standard Rate Chart Plan
[ Download Standard Rate Chart information sheet (PDF Format) ]
Basic Plan Information
- This plan follows the IFS Standard Rate Chart (see info sheet)
- Down Payment must be a minimum of 25% of Total Premium
- Due date of first installment cannot exceed 30 days from date of policy
- Minimum of a $20.00 service charge
Instructions to Agent or Broker
- Total Premium includes Tax
- Down Payment must be greater than Minimum Retained
- All cheques are to be made payable to IFS Financial Services Inc
- Policies written for a term of less than one year, non-cancellable policies, where the unearned premium is computed by other than short rate or pro-rata methods are ineligible
- Down Payment is Total Premium less Principal Balance
For more information on this plan, download the information sheet (PDF Format).
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