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Premium Funding

Insurance Premium Finance

Insurance Premium Finance provides an alternative option for payment of commercial and personal insurance premiums. It allows for the lump sum of 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
  • No loan service fees
  • No security costs as┬áthe insurance policy(s) are the security
  • No collateral is required
  • Flexible payment terms (8 -12 month instalment options)
  • Frees up business cashflow
  • Cost effective
  • 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
  • Public and Products Liability Insurance
  • Motor Vehicle Insurance
  • Construction Insurance
  • Plant & Equipment Insurance
  • Professional Risks Insurances
  • 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:

  • Principal Finance
  • Centrepoint Alliance