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Pay by the month options
Premium Funding is a cost effective way to spread your insurance premium expense by utilising a pay by the month option, allowing you to retain working capital in your business.
Premium Funding offers you fixed interest charges for the term of the facility which protects you against interest rate fluctuations and are fully tax deductible.
At Honan Insurance Group we have sourced a number of well-known and established Premium Funding providers to ensure that our clients are offered the best solution available.
How does it work?
Upon your request, we will source a Premium Funding option for you and provide a written quote. Once you’ve accepted the quote, the Premium Funding Company will fund your insurance premium and arrange its payment by the due date on your behalf.
You then repay the Premium Funding Company over an agreed period, in equal monthly instalments, by way of a direct debit, credit card or BPAY.
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