What is Insurance Premium Funding?

Managing business expenses can be complex, especially when it comes to insurance premiums. That's why we offer Insurance Premium Funding (IPF) to eligible customers , allowing you to fund annual insurance premiums with monthly repayments rather than upfront.

We offer Insurance Premium Funding (IPF) as a straightforward, short-term, secured fixed-rate loan over a 12-month period to help cover your business insurance premium costs. With a simple fixed monthly repayment, it can help ease financial pressure and support more consistent cashflow.

A NAB Business Options Loan for IPF covers a wide range of insurance policies and offers a simple application process designed to support eligible business customers with insurance related cash flow needs.

Who is IPF for?

IPF may suit: 

  • Existing NAB business customers

  • Small to large businesses with insurance obligations 

  • Businesses experiencing seasonal cash flow fluctuations

  • Businesses looking for flexible working capital solutions

Benefits of Insurance Premium Funding

Improved cash flow management

Spread the cost of your insurance premiums over time to help preserve working capital and maintain business flexibility.

Flexible coverage

Fund single or multiple policy premiums - ideal for businesses with varied insurance needs.

Simple and predictable

Benefit from a straightforward application process and fixed-rate repayments, so you can plan with confidence.

Accessible for existing NAB business customers

Available to eligible NAB business customers , making it easier to access support when it’s needed most.

Types of insurance covered by IPF

NAB’s Insurance Premium Funding is designed to cover a broad range of business insurance policies, including:

  • Public liability insurance
  • Professional indemnity insurance
  • Workers compensation insurance
  • Product liability insurance
  • Business interruption insurance
  • Cyber security insurance

This funding solution lets your business stay protected, without the upfront financial strain.

How to apply for a NAB Business Options Loan to fund your insurance premiums

How much you can access

  • Minimum amount: $5,000
  • Maximum amount: Up to $350,000

Eligibility requirements

  • You’re an existing NAB business customer
  • You have an insurance premium quote, renewal document or policy
  • Your business has been trading under a current ABN or ACN for at least 12 months under the same ownership or management

How to apply

  • Gather your insurance premium quote, renewal document or policy
  • Contact your business banker or call 13 10 12
  • You can also request a call back
  • Submit your application

Related guides

NAB Business Options Loan

A simple, medium to long term business loan ideal for growing your business. Borrow from $20,000, with flexible loan options.

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