IPF loan calculator
Calculate your Insurance Premium Financing cost bellow
Calculate your Insurance Premium Financing cost bellow
Calculate your Insurance Premium Financing cost bellow
We propose a minimum of Kshs. 20,000/=, maximum of Kshs. 400,000/=.
The repayment period being from a minimum of two months to a maximum of ten months.
The rate is 2% per month.
Finance up to 100% of the premium amount.
Minimum repayment tenor of 2 months and a maximum of 10 months.
Repayments are via equal monthly installments (EMIs), payable through postdated cheques.
Insurance Premium Finance is a short term loan product that allows your business to spread the cost of large annual insurance premiums. We pay the cost of your insurance in one sum directly to your insurance provider and then your business repays the cost in monthly repayments over an agreed term. We provide this service over a 3-10 month period to our customers, while our financing solutions range between KES 20,000 as the minimum and KES 400,000 maximum amount.
The IPF loan involves a tripartite agreement between the customer, the insurance company (guarantor), and the Mwananchi Credit Limited (financier).
Mon-Fri 08.00am-6.00pm;
Sat 9.00am-5.00pm.
Outside of hours, request a callback for inquiries & applications.
Visit us at Eco Bank Towers, 10th Flr, Opp. 680 hotel.
Shimin Insurance Agency is licensed to carry out insurance business as an intermediary and has its headquarters at Co-op House along Haile Selassie Street, Nairobi. Through establishing partnerships with various reputable insurance companies in the industry, the Agency has developed a full banquet of innovative insurance products and services that address the insurable needs of our customers and offers these services from across our branches in Kenya.
Eco Bank Towers, 10th Flr,
Opp. 680 Hotel
Address:
103683-00101, Nairobi – Kenya.
Tel: 0794 589 905