Insurance Premium Finance
Insurance is a necessity, but it does not have to tie down your finances. Insurance Premium Finance (IPF) is a convenient way for you to spread your insurance premium for a period of time and have yourself, family or property insured.
Under IPF, Taslimu pays the entire insurance premium to the insurance company on your behalf, an affordable repayment plan is then can spread up to a maximum of 7 months. For instance, say your motor insurance premium is Kshs. 50,000/-. Taslimu will pay the premium of Kshs. 50,000/- to the insurance underwriter; immediately activating your cover. You, on the other hand, will only pay Taslimu Kshs. 11,000/- as the initial payment and a monthly repayment of Kshs. 6,914* over a period of 7 months.
| Step 1 | Request for an insurance quote from Taslimu Insurance Agency at insurance@taslimucapital.com |
| Step 2 | Fill the IPF application form provided by Taslimu. You can print, sign and scan to our email: info@taslimucapital.com. To request the IPF form please contact us |
| *Step 3 | If application is approved, submit 1 current cheque (20% of the insurance amount and processing fee), to be banked immediately, and 7 post-dated cheques; or alternatively, set-up direct debit instructions. |
| Step 4 | As soon as we get confirmation the 1st cheque has gone through, the insurance underwriter will be advised to process your insurance policy. Typically, this should take less than 24 hours. |