Premium finance is a loan that allows you to spread the payment for your annual insurance premium over a defined period of time. A payment schedule is set up in advance with regular weekly or monthly instalments over a term of up to 11 months.
Working with your insurance broker, Signature Pay will arrange a premium payment plan that meets your unique needs and better matches your insurance expense to your cash flow. For added convenience Signature Pay accepts credit card or electronic (EFT) payment directly from your bank.
Through our partnerships with insurance brokers across Canada, Signature Pay works with a large range of commercial clients and finances contracts up to $100,000.
Our payment terms are ﬂexible and will be tailored to meet your preferences and needs.