FREQUENTLY ASKED QUESTIONSWhat is a Finance Agreement?Acknowledges that an insurance policy premiums have been financed and are payable on a monthly basis. Where does Insured send signed Finance Agreement? Insureds return the signed copy back to insurance agent. Agents will send a copy of agreement to Southern Access Capital. Do endorsements require down payment? Yes, endorsements require sufficient down payment like the original premium. What happens if a check is returned for any reason?It will be a default by the insured. There is a fee for handling of returned (unpaid) check. Are there any penalties for paying off premiums early?No, an early account payoff is prorated. Where to send monthly payment by mail?Southern Access Capital’s mailing address. Can multiple polices be financed on one Finance Agreement?Yes, multiple policies can be listed with 1 monthly payment. What is your cancellation policy for nonpayment?Final cancellations are sent 15 days past monthly payment due date. Can a Policy be reinstated?Yes, only your insurance company can REINSTATE your policy. Contact your agent to determine if insurance coverage is in force and will be continued. How do I get a password for Account Login?Contact Southern Access Capital Representative. How to change billing method from coupon book, invoice or ACH draft?Contact Southern Access Capital Representative. What is Interest Rate vs. APR?Interest Rate – refers to annual cost of a loan as a percentage. APR – includes fees along with annual coast of loan as a percentage.