Struggling with High Insurance Premiums? Explore Smart Financing Options Now!
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News1819-02-2026, 16:33

Struggling with High Insurance Premiums? Explore Smart Financing Options Now!

  • Discover 4 key financing options for insurance premiums: premium financing, credit card EMIs, personal loans, and insurer's in-built EMI facility.
  • Premium financing allows monthly/quarterly installments, with interest rates typically 12-24% p.a. and tenure 3-12 months.
  • Credit card payments can be converted to EMIs, potentially improving credit scores, but check high interest rates if not converted.
  • Personal loans offer lump sum payment to insurers, but longer tenures might lead to higher total interest.
  • Many insurers provide in-built EMI options, simplifying cash flow management without external loans.

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