Making insurance easier, one payment at a time.

An interest charge on the funded amount, quoted upfront before you sign. The rate depends on the funder, the size of the premium, the term and your trading history — there's no single published number, which is why we take each policy to the panel rather than quoting off a rate card.

Generally not against your property or other assets. The funder's security is the policy itself — specifically its return premium if the policy were cancelled mid-term. That's what keeps the facility simple and quick to put in place.

The insurer's return premium is paid to the funder and offset against what's left owing. If there's a shortfall you cover the difference; if there's a surplus it comes back to you. Tell us early if a cancellation is coming so it's handled cleanly.

Yes. Several policies can usually be bundled into one facility with a single instalment date, which is generally easier to reconcile than separate arrangements per policy. Renewals falling at different times can often be folded in as they come up.

For a business, the interest on a premium funding facility is generally treated as a deductible expense in the same way as other finance costs. It depends on your circumstances, so confirm the treatment with your accountant before relying on it.

A quote usually comes back within one business day of receiving the invoice. Once you're happy with the schedule, the agreement is signed electronically and the funder settles directly with the insurer or broker.

Usually no — but some Clients like to pay a deposit, and this can be arranged. Whatever applies to your facility is shown on the quote before you commit to anything.