Carraig Premium Finance (CPF) is a standalone finance house that provides flexible and competitive funding exclusively on DCL products.

CPF can also be used to fund the camera premiums associated with the Camatics policy.

This finance option is subject to a formal credit agreement spanning 10 months; the deposit is due within 14 days of inception. The remainder is collected via Direct Debit over 9 months, commencing one month after inception.

• • Available for all DCL products including camera premiums on
    Camatics policies.
• • MTA premiums can be added to the loan amount, on request.
• • Overriders payable on interest charged over and above
    CPF’s base rate.
• • Client specific credit agreements issued directly to broker.
• • Annual agreements with no automatic renewal rollover.

Credit risk transfers when:

• The credit agreement is completed, signed and returned
• The deposit and the first monthly payment is paid, via direct debit,
  in line with the payment dates specified in the payment schedule.
• A valid direct debit Instruction is in place for the collection of monthly payments.
• There are no payment arrears or overdue premiums for the client from previous years of account.