Insurance Premium Financing
Insurance Premium Financing is a loan product designed to finance payment of non-life insurance premia due to an insurance company from insured. The financier enters into an agreement with the insurer and the insured whereby the financier agrees to pay immediately in full the insurance premia of the insured on the terms and conditions stipulated in the IPF agreement.
IPF requires endorsement by an insurer as it creates certain rights and financial interest of the financier in the insurance policy financed and should therefore be noted in the policy appropriately.
Interested in Insurance Premium Financing?
- If you need any help or information about KHOPESHA’s facilitation on Insuarance
Premium Financing, please complete the form below so that we can quickly get back to
you
