BACKED BY OLDMUTUAL
Take care of business,
assets & family
Insurance Premium Financing makes
it easier to service your insurance premiums.

What is Insurance Premium Financing?

Have you insured your business, assets or taken cover for your family? Let us ease your burden for servicing premiums through our tailored Insurance Premium Finance solution (IPF).

What's in it for you?

  • To support individual and SMEs to pay Insurance Premium with reputable Insurance companies at affordable instalments
  • Flexible tenure of up to 10 Months
  • You can apply for a minimum of KES. 3,000

How do I apply?

Individuals, Sole Proprietors and Partnerships

  • Duly completed credit facility application form
  • PIN certificate and National I.D. (original and copy)
  • Certificate of Registration (in case of registered enterprise/sole proprietorship and partnerships)
  • Applicant to open an account with Faulu Microfinance Bank

Limited Liability Companies

  • Duly completed credit facility application form
  • Resolution to borrow by the company directors
  • Certificate of incorporation
  • PIN certificate and National I.D. (original and copy) of all directors
  • PIN Certificate of the Company
  • A copy of Memorandum & Articles of Association
  • Applicant to open an account through Faulu Microfinance Bank

Want to know more about Insurance Premium Financing?

If you want to know more, we've put together some frequently asked questions for you.
    • Bank statements for the last 6 Months
    • Clean credit history evidenced by a credit reference bureau report
    • Ability to repay
    • Two months instalment to be paid upfront in cash to Business A/c
    • Application at branches
    • Response within 48 hours subject to credit approvals
    • Loan disbursed in the form of a Cheque to Insurance Company

    Chattels Mortgage over Livestock where IPF is for Livestock Insurance.