Insurance Premium Finance provides an alternative option for payment of commercial and personal insurance premiums. It allows for the lump sum insurance premiums to be spread over monthly instalments, which can free up cash flow and working capital.

Benefits to the borrower include:

- Fixed interest rate cost
- No loan service fees
- No security costs, the insurance policy(s) are the security and no collateral is required
- Flexible payment terms (8 -12 month instalment options) frees up your business cashflow
  and can be cost effective in comparison to paying your premiums in one instalment
- Automatic repayment method by monthly direct debit, credit card or BPay

Premium Finance is available for most types of commercial insurance including:

- Industrial Special Risk / Commercial Business Insurance
- Professional Indemnity & Liability Insurance
- Motor Vehicle Insurance
- Marine Transit Insurance

- Corporate Travel Insurance

- Workers' Compensation Insurance

Once you enter in to a contract to pay your insurance premium with a premium finance company, they pay your insurance premiums on your behalf by the due date. You then make the repayments to the finance company over the agreed period by way or direct debit, credit card or BPAY. We offer premium finance from a wide range of providers, including:

- CGU Premium Funding                                www.cgu.com.au
- CentrePoint Alliance                                    www.centrepointalliance.com.au
- InPartnership Premium Funding                    www.ipf.com.au
- Pacific Premium Funding                             www.pacificpremium.com.au
- Lumley Premium Finance                            www.lumleyfinance.com.au