Insurance Premium Financing Facility

Insurance Premium Financing Facility

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Description

  • Insurance premium finance is an unsecured loan granted to clients to pay for annual insurance premiums in advance.
  • Clients will be required to repay the loan over a maximum period not longer than 10 months.
  • The facility is normally secured from the insurance market, by having our interests noted on your insurance policy with the option of cancellation of policy upon default.

Product Features

  • Tenure: maximum of 10 months
  • Insurance Premium Finance gives you the ability to consolidate different business insurance premiums on the one finance contract
  • Flexibleas can assist with Professional Indemnity, Workers Compensation and General Business Insurance.
  • Client to submit post-dated cheques