Many professional firms (law, accountancy, architecture, consultancy) are legally required to carry professional indemnity insurance.
Premiums can be large and payable annually.
PI finance allows the firm to spread this cost over monthly repayments through a premium finance agreement.
A lender pays the insurer the full annual premium upfront, and the firm repays the lender in instalments (usually 10–12 months). This ensures uninterrupted cover without upfront cash strain.
Benefits
For further information and advice, please contact us today.
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