Questions? We're here to help!

What is a Severance package?

The financial conditions of an employee who leaves a business following their termination of employment or voluntary resignation. Employees are given approximately 21 days to come to an agreement and 7 days to sign it. The severance package may be phased in over two years to help reduce tax payments. Severance payments may also be negotiated to include health care coverage, pension benefits and more

What is Aid?

Data powered reports aid in effective decision-making, trend detection, risk mitigation, and operational improvement, enhancing your competitive edge, strategic planning, and workforce productivity while reducing costs.

Why Prepaid insurance:

Prepaid insurance is a financial arrangement where insurance premiums are paid upfront for a future coverage period. It's recorded as an asset on a company's balance sheet and is gradually expensed over the policy's term. This approach aids in cash flow management and continuous risk coverage, aligning with sound financial and risk management strategies.

Premiums Payment;

When you input data with FairSplit, your premium payment is calculated by the amount of employees an employer has as per successful premiums.

FairSplit has monthly premiums or minimum charges, or validation fees, and card payment fees. There's also a charge for failed payments. You'll never have to decipher a complex statement, because you know what you're charged in advance.

When you input data with FairSplit, your premium payment is calculated by the amount of employees an employer has as per successful premiums.

We automatically subtract FairSplit fees before you pay. Each month charges are paid when we collect premiums. Payments are pulled from the bank account you specify on your account page. You can view each transfer to your bank account, and the reason for the amount, on your transfers page.

How can I file a claim? For Employers/HR Managers: Submitting Claims on Behalf of Employees. A simple online claims process with no paperwork. We’ll keep you updated at every stage. We made it as easy.

Security Awareness and Training

- Background Checks: We conduct background checks on potential candidates before hiring.

Employee Screening

- New-Hire Onboarding: All new hires must sign and acknowledge our information security policy and confidentiality agreements.

Great prices? You always save.

FairSplit's revised business strategy: underwriting using price discrimination. We retain a third of the company's total tax savings

Can I email with pricing questions?

Absolutely! Contact [email protected]