Creating An Installment Plan in Ascend
Jack Brown
21 steps
52 seconds
Useascend
This feature should only be used if the carrier is offering agency billed installments. If you are trying to create a premium finance agreement, use "Programs"
1
Navigate to [https://dashboard.useascend.com/invoices/subscriptions](https://dashboard.useascend.com/invoices/subscriptions)
2
Click "Create installment plan"
3
On the Account Manager field and select the person who you want to receive payment notifications from AScend
4
Click the "Name" field and type in the name of the insured
5
Click the "Email address" field and enter the insured's email address
6
Type "jack"
7
Click the "First name" field and enter the insured's name
8
Click the "Memo" field and enter a note for your insured
9
Under "First Payment" Click the "Amount" field and enter the amount of the first payment the insured will be making on the plan
10
Click the "Due on\*" field and set a due date. It should be prior to the date that the premium is due to the carrier/wholesaler
11
\[Optional\] Select the carrier/wholesaler to whom funds are due. This will automatically release the amount you specify to that company once payment clears from the insured.
12
Click the "Installments start on\*" field and set the due date of the second installment
13
Click the "Installment amount\*" field and enter the amount of the second installment. We use this value across all future installments, but you can adjust each installment individually.
14
Click the "No. of Installments\*" field and align it with the payment plan you wish to send to the insured (ie 3 quarterly installments).
15
Click this dropdown and select the frequency of installments
16
Click "Review payment", which will allow you to adjust each installment individually
17
To adjust an installment, click this icon. This will allow you to adjust the amounts of each installment.
18
Click "Create"
19
To copy/paste the payment link into your own email, click here
20
To initiate automated emails to the insured, click "Send email..."
21
And you're done!
Creating An Installment Plan in Ascend
Jack Brown
21 steps
52 seconds
Useascend
This feature should only be used if the carrier is offering agency billed installments. If you are trying to create a premium finance agreement, use "Programs"
1
Navigate to [https://dashboard.useascend.com/invoices/subscriptions](https://dashboard.useascend.com/invoices/subscriptions)
2
Click "Create installment plan"
3
On the Account Manager field and select the person who you want to receive payment notifications from AScend
4
Click the "Name" field and type in the name of the insured
5
Click the "Email address" field and enter the insured's email address
6
Type "jack"
7
Click the "First name" field and enter the insured's name
8
Click the "Memo" field and enter a note for your insured
9
Under "First Payment" Click the "Amount" field and enter the amount of the first payment the insured will be making on the plan
10
Click the "Due on\*" field and set a due date. It should be prior to the date that the premium is due to the carrier/wholesaler
11
\[Optional\] Select the carrier/wholesaler to whom funds are due. This will automatically release the amount you specify to that company once payment clears from the insured.
12
Click the "Installments start on\*" field and set the due date of the second installment
13
Click the "Installment amount\*" field and enter the amount of the second installment. We use this value across all future installments, but you can adjust each installment individually.
14
Click the "No. of Installments\*" field and align it with the payment plan you wish to send to the insured (ie 3 quarterly installments).
15
Click this dropdown and select the frequency of installments
16
Click "Review payment", which will allow you to adjust each installment individually
17
To adjust an installment, click this icon. This will allow you to adjust the amounts of each installment.
18
Click "Create"
19
To copy/paste the payment link into your own email, click here
20
To initiate automated emails to the insured, click "Send email..."
21
And you're done!
