If your company’s payroll account has EFT capabilities, and if you issue payroll on a consistent basis (weekly, biweekly, etc) through a service provider like TPC, you may qualify for SmartPay, our new pay-as-you-go program. This is an exciting new product and it allows you to pay for your workers’ compensation policy in low installments at the same time you submit payroll. The SmartPay service calculates Workers’ Compensation policy premiums and collects only the amount due directly from your bank account every time you run payroll. SmartPay offers a unique and hassle-free approach to paying for your Workers’ compensation insurance policy. Rather than paying for insurance up to a year in advance, premiums are paid as you go, one payroll period at a time.