Can I pay monthly?

Yes, your Account Manager can organise for you to pay monthly through a Premium Funding arrangement.

The premium funding company will pay your annual premium on your behalf. You then make your repayments in monthly instalments via direct debits, over a maximum of 10 months. This service can be practical for businesses looking to regulate their cash flow or avoid large lump-sum payments, and has the following benefits:

  • Reduced financial stress
  • Unrestricted capital
  • Interest charges are tax deductible
  • Easy process involving a simple, one-page application
  • No deposit or security necessary
  • Available for all business insurances
  • Interest charges are the lowest available
Category: FAQ