142. Bexhll Insurance Premium Funding
For some reason Mugspotters finds itself almost impossible to wrestle itself away from the spectre of the Insurance and Claims Management industries. To be truthful though this provides us with a reliable and steady flow of product with which to stuff our blog. This sophisticated & voluptuous plunging black Deco just oozes class.
Its rarely seen yet ample shape holds a VERY generous amount of beverage but I’m sure you’ll agree this is fit to grace both the dinner table as well as the working desktop environment.
Awwwwww Bless. How cute is this?
But what of Bexhill Insurance Premium Funding? Their location is not hard to deduce but what in the name of the Financial Ombudsman is “Premium Funding”? A trawl of the information super-highway reveals it’s (strap yourself in it’s a long one…) “…The lending of funds to a person or company to cover the cost of an insurance premium. Premium finance loans are often provided by third party finance entity known as a premium financing company; however insurance companies and brokerages occasionally provide premium financing services through premium finance platforms. Premium financing is mainly devoted to financing life insurance which differs from property and casualty insurance.
To finance a premium, the individual or company requesting insurance must sign a premium finance agreement with the premium finance company. The loan arrangement may last from one year to the life of the policy. The premium finance company then pays the insurance premium and bills the individual or company, usually in monthly installments, for the cost of the loan.”
So there you have it. I would have thought insurance brokers would have had the financial solutions in place to service the buying of policies off insurers but it transpires they all must not. Indeed it’s a bit like a barber having someone else do their own shave.
In other news, this Deco came in a freebie bundle complete with a soft toy (awwwwww bless) & bijou carrier bag. For the purist Spotters I have snapped it in solitary confinement, as per the shot above but below you can enjoy the mug flanked as part of the wider package.
Disclaimer: No toy seals were harmed during the production of this blog.