The most important word in the world of money is cash flow. The second most important word is leverage. Cover up to 75% of insurance premiums on a motor vehicle or property with our Financing Solution.
Insurance Premium Financing
Access our Insurance Premium Financing facility to cover up to 75% (subject to revision from time to time) of insurance premiums on a motor vehicle or property. Retain your assets or income for other uses. VM Wealth financing is available at all BCIC branches.
How Does Premium Financing Work?
Clients/Customers pay 25% (subject to revision from time to time) of the insurance premium to the insurance company
The balance of the premium can be financed as follows:
|Financing Period||Rate of Interest|
What are the benefits?
- Individuals or businesses may borrow up to a maximum of 75% (subject to revision from time to time) of the annual insurance costs
- You don't have to liquidate your assets
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