Insurance Premium Financing

Insurance premium finance is a finance facility that allows an insured to spread an insurance premium payment over the term of the policy rather than paying the full premium up front. The insurance premium finance company, as lender, advances premium payment on behalf of the insured. The insured repays the lender according to an agreed payment plan, usually consisting of a down payment followed by a certain number of instalments.

Benefits of Insurance Premium Financing

Premium financing offers a number of benefits, which include:

At Eagle Africa we shall assist to negotiate premium financing rates, taking the burden of such negotiations from our clients.