INSURANCE PREMIUM FINANCING (IPF)

What is IPF?

To seek the inclusion of Insurance Premium Finance as a flexible approach towards premium settlement to NCBAT and Non NCBAT Customers. 

Benefits?

To help the client to acquired the desire insurance cover by spreading payment of premium over a period of up to 10Months.
Facility can be processed within 72 days.

What are the qualification criteria?

  1. IPF application form and agreement dully completed by the insurance company and the relevant insurer
  2. A standard /Special guarantee and indemnity executed by the insurance company covering the total exposure at risk
  3. Deposit in cleared funds of at least 1 month’s instalments
  4. Standing order/direct debit/post dated cheque for the remaining monthly installment
  5. A premium schedule indicating the policy details 

BANCASSURANCE

NCBA BANCASSURANCE INTERMEDIARY LTD (NCBA BI)

Get access to a one stop shop for all your insurance needs. Enhance security and value to every area of your life through NCBA Bancassurance Intermediary Limited, a wholly-owned subsidiary of NCBA Group PLC.

OUR PRODUCT

Get access to a range of insurance solutions at affordable premiums that provide all-round protection to you, your Business and the family. NCBA Bancassurance Intermediary Limited offers you insurance covers to protect all the things you have worked hard to acquire.

What we prefer our customers to know most?

  1. Convenience – We offer you a one stop shop for all your financial services.
  2. Superior customer experience and truly personalized service through relationship management.
  3. Trusted underwriters who have vast experience and sound financial strength.
  4. Product novelty and diversity, tailor-made specifically for you.
  5. Competitive premium quotations offering quality insurance covers.
  6. Professional risk management advise.
  7. Quick turnaround time in claims processing.
  8. Flexible premium payment plan through our Insurance Premium Financing (IPF) facility, which enables payment of premiums in installment

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