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Pay your insurance by monthly instalments. At no extra cost.
Enjoy 0% interest instalment payment plans!
At Budget Direct Insurance we like to give you options and that includes how you pay for your insurance.
You have the choice to pay for your Car, Motorcycle, Commercial Vehicle and Annual Travel insurance by 12 interest-free monthly instalments when you pay using a DBS/POSB credit card.
That’s right. If your annual premium is $100 or more, you get 0% interest on monthly instalments.
That means if you opt to pay by instalments instead of a lump sum payment then you won’t be penalised or charged for it. Instead, at Budget Direct Insurance we reward customers who pay upfront with a 3% discount.
So, unlike some other insurers, there are no nasty surprises about your premium increasing when you pay by instalments. But you do get a nice 3% discount if you pay your premium in full.
A spokesperson for Budget Direct Insurance, said: “Offering Instalment Payment Plans (IPP) is a way to cater to our customers’ needs. If you have the capacity to pay premiums in full, you get to enjoy a 3% discount.”
“If you prefer the instalment plan because you don’t want to outlay a lump sum or if you would prefer to invest your cash elsewhere then instalment payment plans give you the flexibility and control of how to use your cash.”
“At Budget Direct Insurance we make sure you know exactly what you’re paying for. The decision to pay upfront or in instalments is based entirely on whether or not it suits you and your bank balance.’’
