Premium Funding

An arrangement following an agreement between an Insured and a finance provider, whereby the insurance premiums owed by the Insured to the insurer are paid directly to the insurer by the financier, thereby creating a debt which then exists between the Insured and the financier.

Power of Attorney over the insurance policy, including the ability to cancel the insurance policy and obtain a premium refund, is often used by the financier as security over such transactions.

The Insured then repays the debt to the financier over a period of time being less than 12 months and/or less than the period of insurance, and such repayments include a proportion of interest for the financier.

Premium Funding Genesis Insurance Australia

If you would like to know more about this product and how it can protect your business, please contact us.

Any advice or recommendation that may have been implied is General Advice only. Please be aware that we have not taken into consideration your needs, objective or financial requirements. Before deciding to purchase a financial product, you should read the Product Disclosure Statement to ensure the product is suitable for your needs.

Contact Us for Insurance Quote

Trusted by many

“
"Service and follow up impeccable, and their advice invaluable"
We have been using Genesis Insurance Brokers Australia for the past 5 years. We have always found their premiums to be highly comparable and competitive, their service and follow up impeccable, and their advice invaluable. On the occasions when we have needed to have a claim submitted we've always found them to be fast, efficient and friendly - with claim and payout usually processed in a matter of days after the initial lodgment.

We would definitely recommend Genesis Insurance Brokers for any business wanting top level cover at affordable prices.
“
"I have had reason to claim after the recent flood
and have been dealing with Kellie.

I would like to say Kellie has done a excellent job in getting my claim through. She has kept me informed all along the way and I cant speak highly enough about her.

I suggest you give her a pay rise and extra time off, ( just joking ) but seriously thanks for the great service from your company via Kellie.
“
"Service and follow up impeccable, and their advice invaluable"
We have been using Genesis Insurance Brokers Australia for the past 5 years. We have always found their premiums to be highly comparable and competitive, their service and follow up impeccable, and their advice invaluable. On the occasions when we have needed to have a claim submitted we've always found them to be fast, efficient and friendly - with claim and payout usually processed in a matter of days after the initial lodgment.

We would definitely recommend Genesis Insurance Brokers for any business wanting top level cover at affordable prices.
“
"I have had reason to claim after the recent flood
and have been dealing with Kellie.

I would like to say Kellie has done a excellent job in getting my claim through. She has kept me informed all along the way and I cant speak highly enough about her.

I suggest you give her a pay rise and extra time off, ( just joking ) but seriously thanks for the great service from your company via Kellie.
“
"Service and follow up impeccable, and their advice invaluable"
We have been using Genesis Insurance Brokers Australia for the past 5 years. We have always found their premiums to be highly comparable and competitive, their service and follow up impeccable, and their advice invaluable. On the occasions when we have needed to have a claim submitted we've always found them to be fast, efficient and friendly - with claim and payout usually processed in a matter of days after the initial lodgment.

We would definitely recommend Genesis Insurance Brokers for any business wanting top level cover at affordable prices.
“
"I have had reason to claim after the recent flood
and have been dealing with Kellie.

I would like to say Kellie has done a excellent job in getting my claim through. She has kept me informed all along the way and I cant speak highly enough about her.

I suggest you give her a pay rise and extra time off, ( just joking ) but seriously thanks for the great service from your company via Kellie.