Premium Funding and how it works

How does premium funding work?
When you pay via premium funding through Principal Finance you are signing an agreement with them. There is interest that is added to the premium which you ...
Wed, 23 May, 2018 at 12:54 PM
What is the interest rate applied to the loan?
The interest rate is 10%
Tue, 22 May, 2018 at 3:30 PM
Are there any hidden fees and charges?
As per the agreement, there is interest applied to the loan and there are fees for dishonouring, terminating etc. Please ensure you read the agreement thoro...
Wed, 23 May, 2018 at 12:47 PM
Explaining the payment schedule
When you purchase a policy and select Principal Finance as the payment option, Principal Finance will take a payment immediately when the policy starts. The...
Wed, 13 Jan, 2021 at 11:51 AM