Payment Options
First of all thank you for considering & approaching Munro-Greenhalgh Ltd to arrange your Insurance.
The Total Cost of the Policy is due for payment at the time at which you instruct us to incept or renew the cover we have discussed with you.
The Total Cost of the policy includes the insurers/underwriters premium, their fees, insurance premium tax (at 12%), any optional add-on you have chosen and our admin fee (if this applies). These will be shown within our documentation.
To assist our clients we offer a number of payment options as follows: –
- In Full, by either: –
- By BACS/Online payment
- By a UK issued Personal Debit Card
- By cheque, payable to Munro-Greenhalgh Ltd
- Insurers own in-house monthly instalment facility (if available)
- External Premium Finance
Credit Broking Activities:
Where premiums are funded using external premium finance it is important to note: –
- We will be acting as a credit broker.
- We have relationships with a limited number of external premium finance providers (funders).
- We are able to introduce you to one of these external premium finance providers but we are not impartial and cannot provide independent advice as to the suitability of any finance which may be provided by these funders. You should also consider what alternative finance options may be available to you from elsewhere.
- Any administration charges made in connection with arranging the external premium finance are made by the funder and retained by them.
- The funder will contact you confirming the agreement is in place and ask that you complete a credit agreement. This is usually done online by text/email. Please make sure you complete this agreement as soon as possible as failure to provide them with a completed agreement within 30 days will incur a charge.
- Your application for credit will be passed to the funder. In assessing your application they will search the public information that a credit reference agency holds about you. The credit reference agency will add details of the search and your application to their records about you whether or not your application proceeds. This and other information about you may be used to make credit decisions about you and undertake checks for the prevention and detection of money laundering.
Commission & Remuneration Disclosure:
We receive a commission from the funder for introducing you to them. This is up to a maximum of 2% of the total premium payable. We will confirm the likely amount and % we will receive before you agree to proceed. The funder will also provide confirm this within their Credit Agreement documents which will also include their Commission Disclosure and Consent Form.
Please make sure you complete their agreement as soon as possible as failure to provide them with a completed agreement within 30 days will incur a charge.
Our latest news
Fed up of being on hold in a queue or wondering which option to pick? Not with us —
our phones are answered immediately by one of our experienced staff.
View all our news
Google Reviews
Our latest news articles
