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 12%
Wed, 30 Nov, 2022 at 2:18 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
Has the interest rate increased on my Monthly Instalments?
Yes, unfortunately, it has been impossible for us to maintain the 10% interest rates previously offered due to the continuous increases to the bank base rat...
Wed, 30 Nov, 2022 at 2:37 PM