Insurance Premium Finance
Business LoansData Sharing Status
Short-term finance to spread your yearly business insurance premiums across monthly instalments.
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee | Upfront | $150.00 |
Features
- Westpac Insurance Premium Finance gives you the ability to consolidate different business insurance premiums on the one finance contract
- Quick approval: You may qualify for fast approval on your application.
- Possible tax benefits: Monthly interest charges may be tax deductible.
- Business confidence: Get certainty with fixed monthly repayments
- Flexible and convenient: Choose the insurer1 and finance multiple policies at once.
- Extra repayments
- Subject to terms and conditions, this product includes extra repayment features.
- Guarantor supported
- Subject to terms and conditions, this product includes guarantor features.
Eligibility
- Insurance Premium Finance is available to businesses with annual insurance costs from single or multiple policies of over $5,000. If the amount to be funded is: Less than $350,000, in many cases, no additional security is required
- Insurance Premium Finance is available to businesses with annual insurance costs from single or multiple policies of over $5,000. If the amount to be funded is: Over $350,000 a directors' guarantee may be required.
- Only Australian or United Kingdom licensed insurers / underwriters are acceptable.
Constraints
- Minimum limit — $5,000.00Total Annual Insurance costs
- Maximum limit — $350,000.00
More Information
Published by Westpac under the Consumer Data Right · Last updated 29 June 2026 · Product ID InsurancePremiumFinance · View on CDR.gov.au