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Pay monthly

Pay monthly 

Paying your insurance bill monthly is a flexible and convenient alternative to paying annual premiums upfront, freeing up cash flow for use elsewhere. 

It's an easy way to help spread the cost of your insurance and you can arrange to pay monthly for most types of Crombie Lockwood personal and business policies.

How does it work?

Our premium funding service, Monument Premium Funding, provides a finance facility to cover the cost of your insurance. Because the loan is secured by the insurance policy, there is generally no additional security required, making the application process quick and simple. 

You choose the repayment frequency that suits you - while monthly is the usual period you can choose other repayment periods to suit.

Benefits of paying monthly

  • Helps with budgeting by spreading the cost of insurance over the period of the policy.
  • Businesses can combine all commercial insurance policies into one easy monthly payment.
  • Credit costs are generally tax deductible for businesses, and registered businesses get the full GST back. 
  • By avoiding lump sum payments, you can better manage cash flows for the day-to-day running of your business or reinvest working capital.
  • Fast online acceptance then your insurance is secure straight away.
  • Easy set-up: once the direct debit is in place we do the rest.

Get a quote

If you're an existing client and have received your insurance bill, get an indicative quote or for new clients, contact your local broker to find out more about insurance payment plans. 

Interest charges and conditions apply.

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