Product Liability - Can you pay monthly

blondy24

Hello,

Can anyone advise if you can pay per month for product liability? I have looked on simply business and moneysupermarket and they are both one off fees.

Thanks

Mistral001

Some business insurance is paid by instalments through a separate finance company if it is quite a large amount (ie. several thousand £'s). Is this available?

footyguy

Credit card?

paddyrg

you usually take a yearly contract but with monthly payment options, and at a credit premium

InsideInsurance

SME insurance is the same as Personal lines in the majority of ways.

Most brokers/ insurers offer installments as long as the premiums are large enough to justify it. If its self financed or passed to an external credit provider varies the same as PL but ultimately makes no difference to you.

dacouch

It's worth pointing out that there is typically no refund if you cancel a Public or Product Liability Policy.

If you're paying via instalments this can mean you still owe the remaining instalments.

If you wanting to pay via instalments due to you planning to cancel the policy please check the cancellation T&Cs of the Insurers you're looking at