How does it work
Introducing
Our
Instalment
Plans
Think of Premium funding like a short-term loan. With increasing costs of living and/or running a business, premium funding allows a flexible and convenient alternative to paying your insurance premium cost upfront. Avoiding these large lump sum payments, frees up your cashflow to use elsewhere.
As with all loans there is an interest on top of your premiums, however, this is no more than what you would pay on your credit card or unsecured loans.
Cornwall Funding will pay your insurance premium on your behalf by the due date to the nominated insurer in full. You then pay us in easy to manage monthly instalments. Our funding option includes both commercial and domestic insurance policies.
What is Premium Funding?
Premium Funding enables clients to pay their insurance premiums in monthly instalments, avoiding up-front and cashflow crushing payments.
What are the benefits?
Flexible monthly instalments – easier to budget
Able to pay multiple insurance policies with one easy monthly payment
Tax deductible: credit costs are tax deductible for businesses and registered businesses get the full GST back.
Free up your cash flow to use elsewhere in your business
Easy set-up: once the direct debit is in place we do the rest.
