With the Co-op Insurance Finance Loan, we pay the lump sum premium amount due directly to your insurer, leaving you to pay back the loan in simple monthly instalments at very competitive rates. We offer flexibility of repayments ranging from 4 months to 10 months
What are the benefits of a Co-op Insurance Finance Loan?
- Tailored to suit your individual cash flow needs
- Frees up funds giving you the liquidity you desire
- Easy application and documentation process
- Quick approval of loans
- No security needed
What is the minimum and maximum amount I can borrow?
We have catered for everyone's needs and finance for as low as Kes 15,000/- Further, we have no maximum limits on amounts to be financed, subject to qualification for the loan.
How much does it cost?
There are NO HIDDEN CHARGES on the Co-op Insurance Finance Loans and our interest rates are very competitive and affordable.
Who is Eligible?
Everyone!
If you are an individual, Co-operative Society, business or company with general insurance needs, then you are automatically eligible for the Co-op Insurance Finance Loan.
You DO NOT have to be an existing account holder of the Bank to apply.
What does it cover?
The Co-op Insurance Finance Loan is flexible enough to cover financing for a variety of general insurance classes such as motor (commercial and private), fire (industrial and domestic), theft, personal accident, goods-in-transit amongst others.
Whom can I insure with?
With our partnership with over 20 Insurance Companies, the Co-op Insurance Finance Loan gives you the flexibility to deal with an Insurer of your choice.
How do I apply for Co-op Insurance Finance?
Simply walk into any of our branches country wide, or visit your insurance broker to get your Co-op Insurance Finance Application Forms.
Apply for Coop Insurance Finance today by directly contacting:
The Product Manager
Coop Insurance Finance
Co-operative Bank of Kenya
Tel: 3276000/401/195/181
Email:
ipf@co-opbank.co.ke
