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Professional Liability Insurance: Establishing Bi-Weekly Deduction

Employees electing for payment of Professional Liability Insurance premiums via payroll deduction are responsible for establishing the payroll deduction via the National Finance Center’s (NFC) Employee Personnel Page, and monitoring the payroll deductions and stopping the deductions once the total premiums are paid. This includes:

  • Establishing the payroll deduction through the NFC’s Employee Personnel Page, Self-Service feature, Financial Allotment option.
  • Monitoring payroll deductions and stopping them once the premium is paid in full or cancelled by the employee or insurance carrier.
  • Providing all necessary information in a timely manner to the SHRO to facilitate reimbursement of the premiums, including a completed Professional Liability Insurance Reimbursement Claim Form and all required supporting documentation.