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WHAT IS CONSIDERED A PROPER PREMIUM PAYMENT?

April 26, 2017payment Premium

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WHAT IS CONSIDERED A PROPER PREMIUM PAYMENT?

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All premium payments must be either an insureds or premium finance company check. All checks must be made payable to the FMMJUA for the gross amount. Agency checks will only be accepted if accompanied by a premium finance agreement. The following information should accompany each payment: the insureds full name, policy number, and the purpose of payment (e.g., renewal deposit, installments, etc.).