Clearmatch Premium Funding
Updated
by
Caroline Pollard
π‘ What is Premium Funding?
Premium funding is a short-term finance solution that lets businesses spread the cost of their insurance premiums over 6 to 12 months. This helps manage cash flow, with equal monthly repayments and usually no extra security required beyond the insurance policy.
βοΈ How It Works
- Your insurance broker arranges a quote from a premium funding provider.
- The funder pays your annual insurance premium upfront on your behalf.
- You then repay the funder in regular instalments β simple and predictable.
π Insurance Policies Commonly Covered
- Business Insurance (Corporate Travel, Directors & Officers, Cyber)
- Liability (Public, Products, General)
- Industrial Special Risk, Marine/Transit
- Workers Compensation
- Professional Indemnity
- Motor Vehicle (Commercial, Heavy or Fleet)
- General Property & Contract Works
Benefits of Premium Funding
β Interest charges may be tax deductible
β Fixed interest rates β certainty for the life of the loan
β Combine multiple policies into one simple repayment
β Improves cash flow β free up funds for other needs
β Quick quotes & fast approvals
β No extra security β the insurance policy acts as security
β No impact on existing credit lines or finance facilities
Contact for more info :
Mario Navarro | 0411 174 510 | mario.navarro@.com
