Premium finance is a convenient way to pay for your insurance. Rather than having to find a large sum up front to cover the premium, you can instead spread the cost by paying in smaller regular instalments. It can help you budget more effectively.
After you have provided some personal and bank details, we will prepare all the necessary paperwork and tell you all the details you need to know. These include confirmation of the loan to pay your insurance premium, the amount of your regular repayments and when they will start and finish.
We will also ask you to sign a credit agreement which you may be able to do online via our customer portal, this portal provides instant 24/7 secure access to useful information over the lifetime of your account with us including your Direct Debit amounts and correspondence. Your online account also enables you to keep tabs on how much you've paid, settle any missed payments and update any changes to your personal and bank details.
We will then pay the insurance premium direct to your intermediary or, in some instances, your insurer. Your repayments will automatically be collected by a regular Direct Debit.
THE BENEFITS TO YOU INCLUDE:
The convenience of paying by monthly Direct Debit.
Access to our online portal - My Premium Credit.
A flexible way of spreading the costs.
YOUR COMMERCIAL ACCOUNT
Your online commercial account gives you instant 24/7 secure access to useful information over the lifetime of your account with us, including your Direct Debit amounts and any correspondence.
You will also be able to keep tabs on how much you've paid, settle any missed payments and update any changes to your personal and bank details.
Taking advantage of commercial online account makes sense not just because of the time and effort you'll save, but you'll also be doing your bit for the environment by cutting out the paperwork.
To sign up to the customer portal, please click below to register.