Insurance Premium Finance
Insurance Premium Finance is an unsecured loan granted by the bank to pay annual insurance premiums in advance on your behalf. It is a specialized finance facility that allows you to spread your insurance premium payment over the term of the policy rather than paying the full premium upfront.
What does it offer me/my business?
• Comprehensive financed cover
• Incorporates the cost of your premium into the cost of your instalment
• Also covers Commercial Property Loans and Vehicle and Asset Finance Loans