• Computer generated agreement (With original signatures)
• White copy of Draft Check
• Down Payment Check (Brokers check or money order only) CPP will not receive a down payment for new business through the NYAIP.
To NYAIP/Insurance Company/Wholesaler
• Computer generated copy of signed agreement
• Original copy of Draft (made out to insurance company)
Drafts to NYAIP are made out for 10% of total annual premium.
Drafts for all other insurance companies including NYAIP renewals are made out for 100% of total annual premium.
• For new business through the NYAIP only; brokers check or money order for 15% of total annual premium.
To Agent
• Computer generated copy of signed agreement
• Pink copy of Draft
To Insured
• Computer generated copy of signed agreement
• Pink copy of Draft
MAIL CAPITOL PAYMENT PAPERWORK TO:
PO Box 4423
Woodland Hills, CA
91365-4423
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