CGU Insurance has now added Business and Office insurance to the suite of products available through Instalment Billing, their platform aimed at providing brokers with more control and flexibility when doing business.
The newest additions will compliment the existing product suite of Home, Landlords, Private Motor and Commercial Motor available through Instalment Billing.
Mark Searles, CGU's General Manager - Retail, said the Instalment Billing functionality provides real benefits for both brokers and their customers.
"For the customer, Instalment Billing gives them the ability to split the cost of their insurance premium over instalments, allowing them to better manage their cash flow.
"For the intermediary we know that retention numbers are improved through being able to have customers on an Instalment Billing plan."
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