ToolsPremium Funding

What is Premium Funding?

Premium funding enables businesses to pay their insurance premiums in easy to manage monthly instalments. Premium funding is an easy and flexible solution that allows businesses to better manage cash flow for uncertain times. Insurance premium funding can be implemented efficiently and often does not require financials information to be provided. Insurance premiums can also be added to the funding contract during the year where appropriate.
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What are the benefits of premium funding?

Benefits of using insurance premium funding includes:

Flexible monthly instalments
Automatic renewal option
Flexible lenders with significant history in premium funding
Interest repayments may be tax deductible
Ability to pay multiple insurance policies with one monthly repayment
Multiple payment options including deduction from a bank account or credit card
Cash flow management and retention
Fixed interest rate and term
Easy, secure and online application process
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Why Hunter Broking Group for assisting with your premium funding?

Hunter Broking Group have significant experience and knowledge of the insurance and premium funding markets.
Our clients come to us for premium funding because they know that we will provide the appropriate advice and solutions for their individual requirements.
Our service and expertise extends to:

Funding interest rate negotiation
Funding loan structuring
Understanding and assessment of the premium funding sector
Industry knowledge and experience
Respected by the premium lenders – strong relationships
Premium pool buying power
Supported by PSC Connect and the Steadfast Group
Yearly support and premium funding management

Contact us today to discuss your premium funding and insurance requirements – (07) 3279 6592

General contents with set limits	Limit	Option to increase limits?
Jewellery, or items containing gold or silver	up to $10,000 for each item, set or collection, up to 25% of the unspecified contents sum insured in total, unless items have been specified
Watches (except smart watches)	up to $10,000 for each item, set or collection, up to 25% of the unspecified contents sum insured in total, unless items have been specified
Cameras and photographic equipment and accessories	up to $10,000 for each item, set or collection, up to 25% of the unspecified contents sum insured in total, unless items have been specified
Collections or sets, like stamps, memorabilia, documents, medals or coins	up to $10,000 for each item, set or collection, up to 25% of the unspecified contents sum insured in total, unless items have been specified
Pictures, paintings, works of art	up to $10,000 for each item, set or collection, up to 25% of the unspecified contents sum insured in total, unless items have been specified
Antiques or Oriental rugs	up to $10,000 for each item, set or collection, up to 25% of the unspecified contents sum insured in total, unless items have been specified
Commercially recorded or downloaded media content, including audio, video, phone or tablet applications and games	$2,000 in total
Spare parts or accessories (excluding keys) which are not fitted or being used for the following: motor vehicles farm vehicles caravans and trailers watercraft aircraft	$4,000 in total
Money, cheques, and other negotiable instruments	$2,000 in total
Contents intended to be kept outside, like Your barbeque, outdoor furniture and children’s play equipment.	$10,000 in total
Contents in a locked storage cage in the basement of a strata title development at the insured address	$5,000 in total
Laptops, tablets, mobile phones, portable computers and their accessories (see optional Listed Portable Contents cover on page 48 for ways to increase limits on these items)	$3,500 per item
Smart watches and other wearable technology	$1,500 per item
Drones and other remotely or autonomously piloted aircraft (covered only when not in use and not used for business).	$1,500 per item

Contents used for business
Specific equipment used for business, trade, or professional purposes, including: computers, hardware and software tools or musical instruments photographic equipment	up to $10,000 in total
Stock for business, trade or professional purposes.	$5,000 total

Copyright © 2022 Hunter Broking Group. All rights reserved.

Hunter Broking Group Pty Ltd (ABN 97 622 090 715) is an Authorised Representative of Resilium Insurance Broking Pty Ltd ABN 92 169 975 973 AFSL No 460382.
“This information does not take into account the objectives, financial situation or needs of any person. Before making a decision, you should consider whether it is appropriate in light of your particular objectives, financial situation or needs.”

We subscribe to and are bound by the Insurance Brokers Code of Practice, a full copy of which is available from the National Insurance Brokers Association (NIBA) website, www.niba.com.au

Disclaimer:

The information provided by Hunter Broking Group Pty Ltd on this website is for general information purposes only, and it is not a substitute for professional advice. You should always consider the PDS/Policy wording before making a decision. Coverage may differ based on specific clauses in individual policies.