Insurance Premium Funding

What’s Insurance Premium Funding?

Premium funding is a type of short-term finance designed to break down lump sum insurance payments into manageable instalments.

Instead of paying your yearly business insurance upfront, you can spread payments throughout the year. This keeps your cash flow steady and avoids draining working capital that could be used for staff wages, growth opportunities, or unexpected costs.

With our premium funding insurance in Australia, you can combine multiple policies into one simple repayment plan – making it easier to budget and manage your commitments.

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buying property in brunswick with inovayt

Get the most competitive rate from 40+ Lenders

Let us do the hard work for you. Access to Australia’s top lenders means we can find and compare the best deals for your business and personal financial needs.

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What our clients say

    
 
 
      Posted on Google  
   
   Scott Hughes 
 October 20, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Inovayt were extremely helpful, the team all worked together to get a result we were happy with.
  
 
     Posted on Google  
   
   Abbey O'Callaghan 
 October 19, 2026
 
 
 Trustindex verifies that the original source of the review is Google. This is the second time Inovayt has helped me purchase a property. Chris was responsive and helpful throughout the entire process, answering my questions and consistently providing options that suited my personal circumstances.

Beyond securing the mortgage, Chris and the team continued to support me throughout the term of my previous loan, making sure I was always getting the best rate possible.

I always felt that Chris genuinely wanted the best outcome and value for me, and worked hard to make it happen.

Couldn’t recommend Inovayt more highly!
  
 
     Posted on Google  
   
   Yehudah Kinderman 
 October 19, 2026
 
 
 Trustindex verifies that the original source of the review is Google. This is our second home loan successfully executed by Simon and the team and he has done a magnificent job for us. Countless hours on the phone discussing and figuring things out and we can’t recommend Simon enough!
For anyone considering top quality Melbourne service with a great bloke, this is perfect for you.
Steve and Sossy
  
 
     Posted on Google  
   
   Todd Milham 
 October 18, 2026
 
 
 Trustindex verifies that the original source of the review is Google. We had the absolute pleasure of working with Duane to purchase our first home. We were pretty hard customers as business owners, but he was incredibly efficient, kept us up-to-date with each stage, and worked tirelessly to secure us finance. Could not be happier and highly recommend Duane and the wider Inovayt team for all your financing needs!
  
 
     Posted on Google  
   
   Debbie Sims 
 October 16, 2026
 
 
 Trustindex verifies that the original source of the review is Google. It’s been slow and methodically completed, with them finding out of needs, what we felt comfortable doing and then thoroughly and transparently provided our options.  They were very supportive and patient. There communication was on point and efficient
  
 
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   Diana Brown 
 October 15, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Brendan and Kat were great highly recommend
  
 
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   Zac Thompson 
 October 15, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Couldn’t recommend Duane enough! Being first-home buyers, we had no idea what to expect going into the whole process, but Duane made everything so much easier.

He was always happy to answer any questions we had, explained everything clearly and made sure we knew what was going on every step of the way. He went above and beyond to help us get into our first home and genuinely made the whole experience a lot less stressful than we expected.

Really appreciate all the time and effort he put into helping us out. Couldn’t have asked for a better broker and would definitely recommend him to anyone looking to buy a home.

Thanks again, Duane!
  
 
     Posted on Google  
   
   David Anstis 
 October 14, 2026
 
 
 Trustindex verifies that the original source of the review is Google. Could not fault the service provided, Justin and his team were excellent. From initial consultation to settlement was speedy and seamless. The solution provided was not only comparable but addressed all my requests and concerns. 10/10 recommend .
  
 
 
  
 
 
   Google rating score: 5.0 of 5, based on 1521 reviews

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How Premium Funding Works for You

Businesses partner with Inovayt for our insurance premium funding because we offer more than just flexibility. Here’s why it matters:

Improved Cash Flow

Keep money available for day-to-day operations instead of tying it up in annual lump-sum insurance payments.

Easy Budgeting

Fixed monthly payments make insurance costs predictable and easy to plan around.

Potential Tax Benefits

Depending on business structure, the interest portions of your repayments may be tax-deductible. Always check with your investment financial advisor or accountant.

Additional Lines of Credit

Instead of taking out a traditional loan, Australian premium funding insurance can provide financial breathing space without impacting your main credit facilities.

Multiple Policies, One Plan

From professional indemnity to public liability and beyond, consolidate different insurance policies into a single manageable payment.

Using Inovayt’s Brokers for Premium Funding Insurance in Australia

Sorting through finance options on your own can be time-consuming and overwhelming. Working with an experienced insurance premium funding broker like Inovayt saves time, reduces stress, and ensures you get the right deal for your business.

Access to a wide network of lenders who specialise in ethical insurance funding options.
Custom recommendations to match your cash flow and business.
Support throughout the entire process, from quote to settlement.
Ongoing reviews to make sure your arrangement continues to work for you.

Unlike going directly to a provider, our brokers act as your advocate, ensuring transparency and negotiating the best possible premium funding insurance terms.

Looking for more support? Many of our clients also use premium funding alongside other solutions such as asset finance options and business loans, creating a complete financial strategy for long-term success.

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Is My Business Eligible for Insurance Premium Funding?

Most Australian businesses with annual insurance premiums above $5,000 are eligible for premium funding insurance.

Additional security is generally not required if your premiums are under $350,000, making approval quick and straightforward. For larger policies, a director’s guarantee may be requested.

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Ready to Secure Premium Funding Insurance?

Don’t let large lump-sum insurance payments hold back your business growth. With Inovayt, you’ll get expert advice, flexible repayment options, and ongoing support to keep your cash flow healthy.

Speak with our team today to explore your options for premium funding insurance that Australian businesses trust. Contact us now and take control of your insurance costs with a tailored premium funding plan.

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Premium Funding – FAQs

What types of insurance can be covered by premium funding?

Premium funding can cover most types of business insurance, including liability, professional indemnity, property, cyber, and industry-specific policies.

Does premium funding insurance affect my existing bank loans or overdraft?

No. Insurance premium funding is separate from your bank credit facilities, so it won’t impact your existing loans or overdrafts.

Is there a minimum premium amount to qualify?

Yes, most providers require a minimum annual premium of around $5,000. For larger policies up to $350,000, no extra security is usually required.

Can I consolidate multiple insurance policies into one repayment plan?

Absolutely. Many businesses choose to combine several policies into one plan, making repayments simpler and easier to manage.

How quickly can funding be arranged?

In many cases, approval is fast, often within 24 to 48 hours once your application is complete.

Can interest costs be claimed as a tax deduction?

Depending on your accounting structure, the interest charged on premium funding insurance may be deductible. We recommend confirming this with your accountant or investment financial advisor.

Find an Inovayt Commercial broker near you

Our team of experienced commerical brokers help you discover the right financial solutions for you and your business, so you can put your business in the best possible situation to grow, while having piece of mind.

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