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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, provided by Monument Premium Funding, is a 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. Interest charges and conditions apply.

For life and health policy payment options, please speak to your broker directly. 

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.


Get a quote to pay monthly.


"It made sense to pay monthly"

Spreading the cost of her insurance premiums throughout the year made financial sense for this Crombie Lockwood customer and small business owner.


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0800 276 624

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