About Insurance Premium Finance
This facility is availed to clients to pay for insurance premiums against medical and general insurance policies procured from insurance companies. The facility is granted against policies where Easycash Capital has a mutual agreement with the insurance company and is secured by pro-rata refunds from the insurance companies to cure default.
Key Features
Registration fee: KES 1,000
Commitment fees: 5%
Credit Life: 0.083% per month
Insurance company partnerships
Pro-rata refund security
12 months maximum tenure
Requirements
Valid insurance policy
Partnership insurance company
Proof of income
Valid identification
Insurance documentation
