Premium Funding
Insurance Premium Funding
Platinum Marine Insurance is able to arrange, place and manage all your Marine Insurance Premium Funding requirements.
Take charge of your cash flow
As a business owner you've no doubt experienced irregular cash flow on occasion. You know your cash flow coming in doesn't always match what's going out, especially when larger expenses like marine insurance premiums fall due.
In short you need a better way to control your cash flow. We can arrange Insurance Premium Funding which is an easy way to fund your marine insurance premiums.
With Insurance Premium Funding you can spread the cost of your marine insurance premiums over the year, smoothing your cash flows and preserving cash for other financing and day-to-day operating needs.
Insurance Premium Funding lets you roll all of your marine insurance policies, into one loan. Plus, it has the added flexibility to allow you to add additional marine insurance policies into your existing facility as they fall due - all without the need to sign additional paperwork. Which means that once established, your ongoing funding is simple.
How does Insurance Premium Funding work?
Insurance Premium Funding is like a short term loan. A financier pays your marine insurance premium/s on your behalf and you pay the financier over an agreed period (typically between 6 - 12 months).
Interest rates are fixed so you're protected from interest rate fluctuations, and no ongoing loan service fees apply.
How will your business benefit from Insurance Premium Funding?
- Your business will benefit from
- smoother business cash flow
- a fast, simple application process
- flexibility to make additions to existing policies
- loan contracts that can be structured to suit your needs
- unaffected existing credit lines
Please click links below to access any Marine Insurance product page:
Boat Builders Risk Insurance
Boat Insurance or Pleasurecraft Insurance
Carriers Insurance
Commercial Hull Insurance
Marine Cargo (Import/Export) Insurance, Marine Inland Transit Insurance
Marine Liability Insurance
Marina Operators' Insurance
Online Freight Insurance Quote
Port Authorities Insurance
Premium Funding
Ship Repairers Liability Insurance
Specie Insurance
Stevedores Liability Insurance