Insurance Premium Financing.
Pay your insurance premiums with Bank of Africa's Insurance Premium Financing.
Apply for BANK OF AFRICA in Uganda's Insurance Premium Financing and eliminate the requirement to make lump sum insurance premium payments, thus easing cash flows and releasing additional working capital for generation of returns to do more.
- The product shall cover premiums for commercial, vehicle, auto, plant and other major insurance covers.
- Full amount of insurance premium is paid to the insurer
- Up to 11 affordable monthly installments on the loan
- Attractive Flat rate
- No extra fees charged
- Affordable repayments
- Improved cash flow position
- Flexibility in payment options
- Completed IPF agreement form
- Certified copy of valid Identification
- Financial Card Number and good credit history
- Current cheque and postdated cheques to settle monthly installments
- 2 Passport photographs
- 6 months bank statements