About Finsall
Finsall - Financing Insurance for All - was conceptualized the solve the
budget constraints that customers face at the time of making
premium payment. Finsall improves affordability of insurance policies for
customers who are unable to pay the entire insurance premium
amount upfront. Finsall provides a technology platform and support to
insurers and insurance intermediaries to finance any type of general
insurance policy for both retail and SME customers.
Your existing customers typically would understand the need of insurance and
value it already. However, because of their budget
constraints they might still be under-insured. Those customers can now be
provided appropriate insurance as they would need to pay
much lesser amount upfront.
Providing premium financing to your existing customers will also help in improving retention as in the subsequent years the customers will request for similar services.
Providing premium financing to your existing customers will also help in improving retention as in the subsequent years the customers will request for similar services.
Finsall's approach of helping customers meet their premium payment
obligation is an innovative approach as it addresses the initial
hick-ups of the proposer. Insurance premium financing can be very helpful in
attracting new customers segments, where certain types
of insurance products can now become relevant because of financing
options.
Insurance premium financing specially helps for products which the customer’s realize the need of insurance but still don’t budget for it. Please get in touch with us to know how you can target new customer segments and products.
Insurance premium financing specially helps for products which the customer’s realize the need of insurance but still don’t budget for it. Please get in touch with us to know how you can target new customer segments and products.
Finsall will never sell insurance policies. The intent is simple we want to
be the trusted
partner with the existing insurance sales channels and not become a
competition. In accordance to the above, we have
not taken any license (agency / broking) and in future also we will only
concentrate on financing of insurance.
Customers
Yes, we will be happy to answer any questions for our existing or
prospective customers. Finsall will support customers by educating
them of the financing process, conditions for financing, documentation
required etc. However, we will not be able to provide any help
in selecting insurer or insurance products.
In an integrated journey the customers can complete the whole process easily
in under 3 minutes. As our process is completely
automated and digital, there is no hindrance or waiting time for the
customers.
Finsall provides a bespoke solution for the insurance industry to finance
insurance policies, the process is designed in a way that
it is easy and requires minimal effort. Following are high level steps for
premium financing
- Eligibility check
- Customer Application
- Upload documents (wherever required)
- Complete required compliances (completely digital)
- Disbursal to the Insurance Company and policy issuance
Intermediaries
The Intermediaries can track the progress of customer’s application, right
from approval to all compliance steps. These steps can be tracked through my
application
section in Finsall app or web portal. This information can also be shared
via real-time API updates.
Customer’s required documents can be uploaded or re-uploaded from the review
section present in Finsall app or web portal.
You can contact us through our business phone number: +91 - 9902519797 or
via email - info@finsall.com
Yes, the same credentials work for both. The links are as follows –