0% Financing Plans Introduced October 1

MAG Mutual is now offering installment payment options without a service charge to pay your medical professional liability and other insurance premiums.  That’s 0% Financing!  The new options are available for new or renewing medical professional liability and selected business / practice policies.

Policyholders may choose among three installment payment options with 0% financing paying three, four or six times a year.   The two and ten-payment plan options are no longer available.  At renewal, policyholders with these plans will automatically be switched to the closest available payment schedule.  For example, if you were on a 10-pay plan, your renewal notice will reflect a change to the 6-pay plan.

Policyholders may also switch payment plans by indicating their preference when receiving the renewal notice, or by calling 1-800-282-4882 and speaking with an underwriting representative.