What payment methods does Terrafirma accept?

There are two digital payment options:

  • ACH transfer
  • Online bill pay

Terrafirma does not accept wires. While ACH transfers are free, wire payments incur a fee both for Terrafirma and for you the land trust. Terrafirma charges a $30 processing fee for any wire payments received.

If necessary you may also pay via check. However, Terrafirma strongly encourages online payments.
 

Can I pay via credit card?

Terrafirma cannot accept credit cards due to expense of both processing and administrative costs, as well as price of having the appropriate controls in place and high security risk. These costs would be passed on to you, the policyholders.
 

Why does Terrafirma prefer online payments?

Ach transfers and online bill pay are better than paper checks not just for the planet, but for keeping your premium payments lower. ACH transfers and online bill pay are also less risky than sending paper checks through the mail, with fewer opportunities for human error and oversight, and more easily tracked payments.
 

How do I pay via online bill pay?

The Terrafirma website does not accept payments. You must set up online bill pay with your bank. Every bank has a different system, so we ask that you please direct any questions about the online bill pay process to your bank.

To view further details, you must have a Terrafirma account and be logged in. Click here to proceed.

 

How do I pay via ACH transfer?

The Terrafirma website does not accept payments. You must set up ACH transfers with your bank. Every bank has a different system, so we ask that you please direct any questions about the ACH process to your bank.

To view further details, you must have a Terrafirma account and be logged in. Click here to proceed.

 

Can I still pay via check?

We prefer that you pay via ACH transfer or online bill pay to keep administrative costs and premiums as low as possible.

Payments for the 2020 policy period can also be sent via check. Please be aware that starting with the 2021 policy period, only ACH transfers or online bill payments will be accepted. If your bank does not offer either of these options for free, please call or write to us about payment by check.

Checks can be sent to:

Jeremy Johnston, Account Manager
Marsh Captive Solutions 
Terrafirma RRG LLC
PO Box 530
Burlington, VT 05402-0530

 

 

 

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