Finance Your Premium With Alpha Risk Management
What is it?
Premium financing provides a short term loan for your specific aviation insurance policy to pay for property and casualty insurance coverage. The premium finance loan enables the aviation insurance policy holder, often called the insured, to spread payments over the course of the policy instead of paying the entire premium up front.
How does it work?
Alpha Risk Management partners with several companies to offer financing to our clients. If you want or need financing to cover a policy or multiple policies, you can sign an agreement with the institutions through our office. Based on that agreement, you will pay a down payment and the finance company will pay the remainder of the premium amount to us. As the policy holder you will then make payments on the loan to the finance over time as stated in the loan agreement. The insurance policy serves as collateral, facilitating an easy application and approval process.
Our Financing Solutions
Alpha Risk Management offers flexible premium financing programs with multiple benefits for our clients.
Depending on the length of the policy, sample terms might be:
- 20% down and 9 monthly payments or
- 40% down and 3 monthly payments
Programs can be modified based on client history and needs.
We may also be able to offer financing for fully earned policies, audits, bonds and retrospective rated policies to qualified clients.
Feel free to give us a call at 480-304-5090 should you have any questions or email us and we will get back to you shortly.