Understanding Premium Finance & Consumer Credit

May 13, 2025

09:30

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Description

This 1-hour webinar provides an overview of insurance premium finance and Consumer Credit for insurance intermediaries in their regulated distribution activities. We will cover what premium finance is, how it operates, the core financial aspects, and key considerations and requirements for intermediaries when offering premium finance. Delegates will gain an awareness and understanding of premium finance and expectations around its sale and use within the insurance industry.

Objectives

• Define premium finance, how it works and explain its significance within the insurance industry • Understand the rules and regulations as they apply to the provision of premium finance for insurance products • Understand the role of and expectations of intermediaries in offering and arranging premium finance • Recognise the (potential) impacts and risks of premium finance on financial resilience and vulnerable customers