Insurance Premium Finance
Insurance is a necessity, but it does not have to tie down your finances. Insurance Premium Finance (IPF) is a convenient way for you to spread your insurance premium for a period of time and have yourself, family or property insured.
Under IPF, Taslimu pays the entire insurance premium to the insurance company on your behalf, an affordable repayment plan is then can spread up to a maximum of 7 months. For instance, say your motor insurance premium is Kshs. 50,000/-. Taslimu will pay the premium of Kshs. 50,000/- to the insurance underwriter; immediately activating your cover. You, on the other hand, will only pay Taslimu Kshs. 11,000/- as the initial payment and a monthly repayment of Kshs. 6,914* over a period of 7 months.
Please note, the 1st cheque should include the applicable processing fee as indicated in the product tariff
Copy of ID/ Passport (of the Director)
Copy of PIN Certificate
Copy of certificate of incorporation for companies
Filled application form
Take insurance from Taslimu Insurance Agency
Filled form for the Underwriting Company (Insurance)
Provide post-dated cheques (the first one should be current and include applicable processing fee)