You have
two options
as to how
money is disbursed

1
IDC will send all money
to the company

You send IDC:
A. Completed finance agreement – all copies except your agency copy and the insured’s copy.
B. Insurance application.
C. Your agency check for down payment less commission, made payable to IDC.

The company will receive:
A. Confirmation letter.
B. All Applications.
C. Copy of finance agreement.
D. Check for total premium less commission.

You will receive:
A. Register of contracts received that day.
B. Copies of checks sent to companies.

2
IDC will send
amount financed to your agency

You send IDC:
A. Completed finance agreement - two IDC copies only.

The company will receive:
A. Confirmation letter.

You will receive:
A. Register of contracts received that day.
B. Check for total amount financed for contracts received that day, payable to your agency.