Premium Finance

Premium Finance

Premium finance itself is the easy way to pay for insurance. Through CareAssured, Close Premium Finance lends you the money so you can spread the payment of your insurance costs - all at a competitive rate of interest. You then repay the loan through an instalment plan that allows you to manage your cash flow more easily.

The benefits to your care home

We work in partnership with Close Premium Finance to help you manage your premium payments. This brings you a number of benefits:

• Improves your cash flow
  You can keep your existing funds or overdraft free to be invested in the business as working capital
• A single payment date
  All your policies are combined into one monthly payment date, making costs easier to manage
• Fixed rate
  No need to worry about fluctuations in payments with our set monthly direct debit payments
• Flexible add-ons
  Add new insurance policies and mid-term adjustments to your loan at a later date
• Hassle free
  No need to complete new credit agreements when it's time to renew or when making any mid-term adjustments
• Flexibility
  Any time you want to adjust your payment date or change your details, just one simple call and it's done

For more information

If you'd like to take advantage of Close Premium Finance's easy way to pay, please call your CareAssured advisor on 0845 129 8008 to arrange for a credit agreement.

Once you've completed and returned the credit agreement to us we'll submit the loan details electronically to Close using their award-winning internet service.