You are reading: Improve your cash flow
Improve your cash flow
Premium Funding allows you to pay insurance premiums in affordable monthly payments instead of one lump sum for the whole year. The main benefit for your business is simple; “Cash Flow”.
Imagine if we had to pay our tax in one lump sum each year. It certainly would be a massive burden for many Australians to fork out a large sum of money at the end of the financial year. The same goes with Insurance, however, unlike tax payments, insurance premiums are more often than not arranged to be paid once a year. Well, it doesn’t have to be that way. That’s where Premium Funding comes in.
HOW PREMIUM FUNDING WORKS
Your insurance premium is paid on your behalf by the due date to the nominated insurer. You then pay the premium funder an easy to manage monthly installment. To learn more about premium funding and to discuss your requirements for a bespoke solution that suits you, please contact your Broker at Country Wide Insurance Brokers or call us on 6279 2300.
*subject to the Premium Funders terms and conditions