TravPay® - Workers Compensation Pay-As-You-Go Billing Solution
TravPay is a pay-as-you-go solution for your business to link your payroll directly to your workers compensation premiums, eliminating the guesswork of trying to estimate annual payrolls. It allows for real-time workers compensation premium calculations based on your reported payrolls and requires no down payment which can help improve cash flow for your business. This free billing option is available exclusively for Travelers business customers.
Benefits to businesses include:
- No down payment
- Real-time Workers Compensation premium calculations
- Improved cash-flow for businesses
- Automatic premium deductions
- Reduced audit exposure due to real time premium calculations