Yes. If you have several policies with Marsh, you can easily combine all your premiums under one direct debit payment.
To find out how, just reach out to our team.
What is insurance premium funding?
Key benefits
Why Marsh?
Why should you choose Marsh to arrange your insurance solutions?
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Frequently asked questions
Yes. We’ll happily arrange premium funding for all premiums over $200.
In this instance, you can choose either a 10-monthly or 12-monthly instalment plan.
If you’d like to, you can. But our online submission form is easy and intuitive.
To pay online, simply click on the link in your email invoice. Fill in your payment details, accept the terms and conditions, and submit.
No, you don’t. There is a rollover option on your initial submission that will let your monthly instalment options renew automatically.
You can also choose to opt out of this at any time. If you do, you’ll need to resubmit your application to keep your monthly instalments.
Even if you opt into the rollover option, we’ll still send you a yearly renewal pack. It contains all the details you need to understand your payments.
Once you’ve submitted an online request for premium funding, you’re approved for a certificate of currency almost instantly.
Request one by emailing your Marsh broker. They’ll provide it to you as soon as your premium funding arrangement is approved.
You’ll need to contact your Marsh broker first to cancel your policy. They’ll then determine if a pro rata return premium is applicable. A pro rata return premium is the amount left to pay after a policy is cancelled. It’s proportional to the time left on the policy.
If it is applicable, your broker will send the return premium to your premium funder. They’ll put the amount towards your remaining monthly instalments.
Your premium funder will refund any excess funds directly to your nominated bank account or credit card. If there’s a shortfall, they’ll contact you to collect the outstanding funds.
If you change banks or want to switch accounts, you can simply email us your new bank details.
You’ll need to contact our premium funder, Hunter, directly. Call them on 1300 486 837.
For policy enquiries, it’s best to speak with your Marsh broker.
Yes, as long as your current arrangement has three or more instalments left.
Yes. Once your premium has been approved, you will be sent a repayment schedule noting the breakdown of your monthly instalments, inclusive of interest.
LCPA 23/150
Marsh Ltd (NZBN 9429040918792)(“Marsh”) arranges insurance and is not an insurer. This webpage contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire the product, refer to the specific policy wordings and/or product disclosure statements available from Marsh on request.
*Hunter Premium Funding terms and conditions apply.
** Options may be limited for smaller premiums.
*** Consult your accountant to check if you are eligible.