When Base Rates Come Down Brokers Need to Ensure they Benefit

“We are on the way to interest rate cuts” says the Governor of The Bank of England and commentators say this could be early as July.

Insurance Brokers and Insurers considering entering into a long-term Premium Finance contract could be risking locking themselves into an inflated net rate with no guarantee to benefit from base rate cuts.

Specialist insurance premium finance knowledge can help brokers navigate the complex structures and ratchets in these contracts to drive a fair deal which is also equitable to the lender.

If you’d like to find out what’s possible please contact us at [email protected].

#insurancepremiumfinance #ipf #insurance #BIBA #insurancebrokers