We care more about making life easier for you!

I&M Bank Kenya - Insurance Premium Financing

Are you interested with this product/service?

Insurance Premium Financing

A short-term credit facility that enables the client to pay the insurance premiums in easy installments of up to 10 months. The product is available to both I&M Bank account holders and non-account holders. IPF is workable under general insurance policies that are normally placed or renewed for a fixed period of one year. It excludes Life insurance policies.

Examples of such Insurance policies:

  • Fire and perils
  • Motor Commercial or Private
  • Industrial All Risk
  • Workmen’s compensation
  • Burglary
  • Golfers policy
  • Contractors all-risk policy
  • Professional Indemnity Cover
  • Medical Insurance premiums

Benefits

100% finance on applicable insurance premiums.

100% finance on applicable insurance premiums.

Convenient and simple documentation

Convenient and simple documentation

No credit appraisal

No credit appraisal

No hidden charges and commitment fees

No hidden charges and commitment fees

Reliable flow management tool

Reliable flow management tool

Easy application process

Easy application process

Quick turnaround time

Quick turnaround time

Competitive pricing

Competitive pricing

Additional Details

  • Duly completed application form

  • Executed Insurance Premium Finance Agreement endorsed by the insurance company (the insurance company underwriting the policies must however be approved by I&M Bank)

  • Copy of National ID and PIN for individual applicants

  • Copy of Certificate of Incorporation/ Certificate of Registration for business entities

  • Company PIN

Want Insurance Premium Financing?

For more information contact your Relationship Manager or Customer Service representative or Email us at Hire.Purchase@imbank.co.ke or call 0719 088 264/269

Apply in person

Find your nearest branch

Request Call Back

Enter Contact Details

We are available from 9:00 AM to 4:00 PM Weekly.