• All policies need to be for a term of exactly one calendar year, should your policy not meet this requirement please refer to your broker.
  • You need to be 18 years of age or older to apply for credit.
  • You have to be a UK resident, or UK registered business.
  • You need to apply within 30 days from the start of the insurance  - we may decline any applications received after this. 
  • Instalments are spread over 12 months, the advance payment being the first payment. 
  • You need to be the bank account holder or an authorised signatory to the bank account in order to complete the application.
  • The applicant must have an insurable interest in the policy (this means you would suffer a loss should that property be harmed).
  • The bank account must be in the applicant's name.
  • The premium must be over £100.
  • All applications are subject to our credit checks. Applications which do not meet our minimum credit requirements or have been incorrectly completed will be declined.
  • If the advance payment is declined then the instalment agreement will be void and then you would have to pay the policy premium in full.
  • If an application is received after the start of the policy then any missed payments will be collected on the next available collection date (i.e payments wouldn't be spread over the remaining term).
  • Should a payment be rejected then it will be your responsibility to let us know and pay the outstanding payments.

If you're having financial difficulty paying your premium, please contact your broker to discuss your needs and what assistance may be available. Under some circumstances an adjustment to the cover required may be available and / or we may be able to assist with deferred payments. 
Please do not cancel your Direct Debit Instruction as this may trigger our automated default process, which could result in the cancellation of your policy.

If you have any queries with the application process please contact the instalment team on 0330 102 1820 option 2 for customers or option 1 for brokers.

Please take a look at the Questions & Answer section below as it may provide the information you need.

The Terms and Conditions of our Premium Instalment Plan and frequently asked questions can be found below.

We may collect and process information in association with the contract of insurance and/or services we provide.

For details about how we use personal data please refer to our Fair Processing Notice, Which is available at www.allianz.co.uk/commercialfpn

Alternatively, we can send you a printed version. Let us know by calling 0330 102 1837 and select option 2 or by writing to the Data Protection Officer, Allianz, 57 Ladymead, Guildford, Surrey GU1 1DB.

To start the Premium Instalment Plan we will need an advance payment of 10% or more of the gross premium. You can pay this by Direct Debit or direct to Allianz, we’ll let you know how to do this at the end of the application process.

If the advance payment is paid by Direct Debit then any applicable service charge is calculated on the total premium. If the payment is made by credit/debit card or electronic transfer the charge is calculated on the amount left to pay.