Premium finance is the easy way to pay for insurance. It’s a loan that allows you to spread the payment for your premium over a period of time. That’s where Close Premium Finance comes in. Through your broker or insurer, we lend you the money for your premium at a competitive rate of interest. You then repay the loan through an instalment plan that allows you to manage your cash flow more easily.
Through our partnerships with over 3,000
brokers, Close Premium Finance lends to a huge range of clients,
from individuals to multinational companies, and from as little
as £100/€150 to sums in the millions. There are two principal
types of premium finance:
Commercial Lines: Close Premium Finance is the largest provider of premium finance in the commercial lines market. There is no maximum loan limit and funding can be arranged on an individual basis as well as ‘off-the-shelf’.
Personal Lines: This facility arranges loans for personal insurance policies. Brokers have access to our personal lines facility round-the-clock and to our highly competitive rates of interest.
Our service and products are flexible enough to help you with finance for any kind of policy, be it for personal or business insurance.
When it comes to premium finance, no-one else is Close. |