A big consideration when taking on insurance is how and when you will pay your premium. IC Frith WA regularly recommends that their clients consider paying monthly installments, also called premium funding.
The benefits of premium funding versus a one-time installment include:
- Increased cash flow for your business since you won’t have one large payment
- Security money is not required
- Conservation of capital
IC Frith WA has numerous premium funding options so that any policy you require easily fits into your budget.