For Scheduled and Blanket Fleet policies
Special Macquarie Premium Funding programs, exclusively offered through brokers contracted with
Northbridge Insurance™ (consisting of Commonwealth Insurance Company, Markel Insurance Company of Canada, Lombard General Insurance Company of Canada, and Lombard Insurance Company) to their policyholders, provide preferred financing rates with the following payment terms:
- For annual premiums up to $100,000, our plan provides 12 equal monthly installments (subject to eligibility requirements).
- For annual premiums over $100,000, our plan provides 17% down payment and 10 equal monthly installments.
For more information, contact Macquarie Premium Funding directly and tell them you are a Northbridge Insurance broker needing premium financing for your policyholder.
Internet: www.macquariepremiumfunding.ca
Telephone: 1.888.232.2238
Email: mpfcanada@macquaire.com
Fax: 1.888.232.2209
Northbridge Insurance In-House Program for Fleets
Fleet policies written on a blanket basis *
Our in-house installment financing plan provides convenient terms of two months down and 10 equal installments. Policyholders benefit from a manageable monthly payment schedule with no financing charge.
Quarterly adjustments (as agreed to by the underwriter, broker and the policyholder) may be processed to accurately track the size of the policyholder’s fleet during the policy term.
Fleet policies written on monthly reporting basis
Our in-house monthly reporting plan requires a cash deposit of only 20% of the estimated annual premium, with no financing charge. Policyholders benefit from a manageable monthly payment schedule based on revenues, or mileage, as agreed to by the underwriter, broker and the policyholder.
*Certain conditions apply.