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Workers Compensation offer!

Aug 10, 2017

As a valued client of AustBrokers Comsure, we are able to offer you the benefit of monthly instalments for your workers compensation premiums with our business partner, Hunter Premium Funding. Hunter Premium Funding pays the Workers Compensation insurance premium on your behalf and you then repay Hunter in monthly instalments.

For your Workers Compensation requirements in Queensland (i.e. WorkCover Queensland Premium Notice 2017), to receive a 5% discount on your annual premium you must secure premium funding prior to 12th September 2017.

For your Workers Compensation requirements in other states we will require your WC Premium Notice as follows;

  • NSW to receive a 3% discount on your annual premium, your premium must be secured prior to 30 days after the WC Premium Invoice Date.
  • Victoria to receive a 5% discount on your annual premium, your premium needed to be secured prior to 4th of August 2017. Alternatively a 3% discount is available prior to 1st October 2017.

Benefits of Premium Funding include:

    • Free up cash flow: By paying in monthly instalments you can free up your cash flow to use elsewhere in your business.
    • Tax deductibility: The interest payable on your funding may be tax deductible.
    • No additional security: The insurance policy acts as loan security. No need to provide Directors guarantees.
    • Competitive Pricing: Interest rates are fixed for the term of the loan and highly competitive, helping you to avoid market fluctuations and bank fees.
    • If you miss a monthly payment to your Underwriter/Workers Comp: The balance of your annual premium will be payable immediately in full. Premium Funding ensures your premiums are paid on time offering you greater payment flexibility.

To arrange a quote or to learn more about Premium Funding, please email your Workers Compensation Premium Notice 2017 to your AustBrokers Comsure Adviser at info@abcomsure.com.au or call them directly on 1800 122 194 to discuss/arrange.


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