Payment Options
We know your time and money are precious and therefore we have developed several payment options to suit your budget and lifestyle.
Cheque
All cheques need to be made payable to MKW Holdings Pty Limited, and forwarded to our office together with the tear-off slip at the bottom of each invoice being paid.
Pay By Instalments (Premium Funding)
If you wish to pay your insurance premium by instalments, please telephone your Account Manager. They will then send you the appropriate paperwork including the Terms and Conditions and a contract for completion. Please note that paying by instalments attracts an interest charge.
Credit Card
We accept Visa and MasterCard over the phone, via our online payment portal, BPay, or by completing and returning the tear-off slip at the bottom of each invoice being paid (only premiums up to $10,000 can be paid by credit card).
BPay
Please contact your bank to make a payment from your nominated bank account. Simply quote Biller Code XXX, enter the reference number shown under the Biller Code located at the bottom left hand side of our Tax Invoice and simply follow the prompts.
Premium Funding
Premium Funding provides MKW clients with the opportunity to spread the payment of their insurance premiums over regular instalments rather than pay in one lump sum (subject to funders acceptance). This option can apply to both new business and renewals and the funded premiums are then paid on a monthly basis.
Premium Funding is a convenient option to improve cash flow and free up working capital for income-generating opportunities, without affecting existing finance arrangements.
Benefits of Premium Funding include:
- Working capital freed up for income-generating opportunities
- Fixed interest rate
- Tax deductible
- The policy itself is the security – no additional security is required
- Flexible repayment options
