• Can I pay my insurance in monthly installments?

Paying an Insurance bill is certainly not something that’s high on our daily “To-Do lists”. It is one of those pesky bills, and unfortunately if we don’t pay it, we won’t be covered.

So, rather than forgetting about it, Citycover has a solution for you. It’s a product called Premium Funding.

A cash flow solution that gives both families and businesses the ability to spread the payment of their insurance premiums over regular monthly instalments, instead of shouldering the whole cost upfront.

Benefits of Premium Funding include:

  • Retain working capital: For other income generating opportunities.
  • Multiple payment methods: Including direct debit and credit card.
  • Flexible repayment options: Up to 12 monthly instalments.
  • Fixed Rates: Protecting you from Interest Rates Fluctuations.
  • No Loan Security cost: The policy itself is the security.
  • Won’t interfere with existing finance facilities: Such as bank overdrafts.
  • Tax deductible: Interest repayments may be tax deductible.
  • Easy application process: One page premium funding application.


If you would like to speak to one of our Insurance Advisers further about how this can benefit you, contact Citycover on (07) 3270 1500.