Having adequate Insurance Cover is vital for any business as part of its protection strategy, but many insurers require full payment of premiums and this can be a cashflow burden, particularly if your business requires multiple policies.
Premium Funding allows for the cost of insurance premiums to be spread over the policy term, effectively providing business clients with pay-by-the-month insurance.
This offers greater flexibility in managing cashflows and the convenience of manageable installments at regular intervals.
Types of Premiums that can be funded:
- the insurance policy is used as security for cancellable and non-cancellable insurances such as:
* Personal insurances cannot be financed
Amount of Finance
- the minimum premium is $5,000.
Term of Finance
- from 6-12 months
Repayments
- monthly installments
Need more information?Contact us and we'll be happy to answer any questions orprovide further details. |
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