Premium Funding

Premium Funding

We recognise that payment of insurance premiums can cause cash flow problems for Owners Corporations/Bodies Corporate.

BCB can provide you with a flexible cash flow management solution, referred to as Premium Funding.

Premium Funding is a finance solution offering monthly payment options for insurance premiums ordinarily paid annually.

The advantages of using insurance Premium Funding are:

Simple application via request to BCB

Flexibility as there are multiple payment options

Softens the impact of income fluctuations

Fixed monthly repayments protect you against interest rate fluctuations

Convenient repayment via direct debit

No monthly account fees

Interest rates for premium funding are competitive with other forms of finance and you will save more by avoiding overdraft fees

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Why Choose BCB?

National-presence

BCB is Australia’s largest specialist strata insurance broker and one of the 475 strong Steadfast Group member network.

25-years-badge

With over 25 years’ experience partnering with strata managers, BCB offers scale, market leading technology and technical expertise for strata and community living property and related insurances.

6000-clients

Working in the interests of the owners, BCB provides dedicated broking resources and a full market solution, complimented in-house claims expertise, including for large and catastrophic events.

Our Insurance Partners