Paying Your Insurance Premium Monthly
Payment of your insurance premiums in monthly instalments is designed to take the "sting" out of those lump sum payments making it more affordable for you to take out adequate insurance.
Premium Funding is a cost effective way to spread your insurance premium over the period of insurance by utilising a pay by the month option.
Benefits to you
- Insurance costs can be spread over monthly instalments similar to rent and lease costs.
- The small interest charge is tax deductible.
- The product gives an additional line of credit, which does not affect existing arrangements or covenants.
- Simple one page application prepared
- Frees up working capital to reinvest back into your business.
- No ‘bricks and mortar’ security or guarantees required from you.
- Interest is fixed for the term of the loan.
- Payments come out of the nominated bank account monthly by Direct Debit.
At Insure QLD we are committed to providing our clients with quality premium funding solutions.
Ask us how we can assist by structuring a plan that meets your budget.