Anyone with insured property knows the gravity of defaulting on your premiums. It could mean forfeiting your property in the event of damage or theft, depending on your particular premium package. Premium financing allows individuals and organizations to take a loan to cover their insurance premiums in the event of an inability to pay at the time it is due. Here are some reasons you should consider it:
It is low interest
Premium financiers understand that the reasons one might be unable to cover their insurance premiums might involve some sort of financial constraint. For this reason, they offer their loans at low interest.
It takes the anxiety away
Failure to cover premiums can put a lot of emotional and mental stress on a person, interfering with their daily activities and relationships. These days, one is surrounded by anxiety-inducing sights and situations. This is why premium financing is a great idea. You can be rest assured that your premiums will be duly covered.
It is an innovative solution
Premium financing is a great idea! Not only for you, but in terms of how effectively it tackles its assigned problem. More often than not, because of unforeseen circumstances, most people are unable to meet the deadlines for their premiums. This is a big problem, because it may mean that they have to forfeit their insured property. But premium financing solves this problem by providing you with a system that prevents you from ever defaulting on your insurance premium. In this sense, it is genius!
Coronation Insurance premium financing initiative is effective and customer friendly. With our experience as one of the leading players in the industry, we offer loans at very friendly rates and dedicated customer support.
For more enquiries, contact 2341-2774500 or email contactcentre@coronationinsurance.com.ng
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