Loading...

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.

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.

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 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 –