North West Premium Finance

11 Stanmore Avenue
Port of Spain

225 1288/9

Payments and
General Info:
225 1291/2


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North West Saved The Summer


At least that’s how Mrs C felt.

Waiting for the children to finish school one afternoon, she was talking to Zoe’s Mum about having to afford so many things at once with summer holidays approaching – new school uniforms for September, the annual car and house insurance premiums coming up every July, things for the children to do over the holidays. It seemed like there was no chance of getting away somewhere anymore.

Zoe’s Mum agreed that money was tight now, but she no longer had that problem with her insurance premiums.

Because she insured with Beacon Insurance, she could spread her payments over the year with financing from North West Premium Finance. No more big payments at inconvenient times. Instead, she made regular payments that fit into her monthly budget. It freed up enough cashflow for holidays every now and then.

That night, Mr and Mrs C checked it out on Beacon’s website and it was true. Beacon’s premiums could be financed with North West. That meant the checking account wouldn’t be taking such a big hit.

Maybe they could squeeze in a holiday after all.

The next morning Mr C called North West and spoke to Joseann. She explained that all he had to do was pay the equivalent of three (3) monthly instalments as collateral for the loan. She would then organise for Beacon to switch their insurances from the current provider, and North West would pay the premiums for the car and the house immediately.

Now, instead of having to find one big lump sum every year, those premiums could be spread over twelve (12) affordable monthly instalments. He could also carry that one-off collateral payment forward as collateral for the following year when he renewed his policies.

Mr C was ok with the interest being bundled in, and was especially impressed that North West didn’t charge an Application Fee, unlike many others.

With some extra cashflow now available, Mrs C quickly got busy looking for a nice little summer break at short notice.

North West Premium Finance helps you spread the cost of your General Insurance premiums with Beacon Insurance. Many people use our service for their Private and Commercial Comprehensive Motor policies, but we also finance:

  • Property (Residential and Commercial)
  • Contents
  • Fire
  • Marine
  • Engineering
  • Casualty

Or we can do combinations if you have more than one Policy, like Mr and Mrs C did.

Would you like to find out if we can help you spread the cost of your Beacon Insurance premiums?

Just give Joseann a call at North West Premium Finance on (868) 225 1288 / 1289.

Or you can email us at:

Our Head Office is at: 11 Stanmore Avenue, Port of Spain.

We’re here for you…and yours.
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