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As part of the migration of NIG policies to RSA systems, you may be aware that our direct debit process has changed.

Our third-party credit provider, Premium Credit Limited, will now provide direct debit payments. As a regulated lender, they need extra information to set up a credit agreement. An application form must be completed to assess your client’s suitability for finance.

The type of business entity determines what information will be required. These are listed against each of the 4 application forms. Please send application forms to [email protected] once completed.

We have also included a broker script and a document containing regulatory information. These are listed above under “PCL Regulatory Wording”. They detail the points that you need to cover with your client. You must make sure these are shared with your client before they agree to pay for their policy by direct debit.

If you have any questions, please go to Integration Q&A – NIG or your usual underwriting contact.

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Premium Credit Customer Call Guide

Please use this document to talk through the regulatory information policyholders need to know prior to setting up a direct debit instruction with PCL” and attach the script document.

Direct debit forms

Application Form

Current

Download

Premium Credit Limited Finance Information

Please share this document with policyholders who are paying for their policy by direct debit. Please ensure you update it with their premium information prior to sharing.” and attach the other document.

Direct debit forms

Application Form

Current

Download
Monthly direct debit form (for policies incepting or renewing before the 2nd September 2024)

Direct debit forms

Application Form

Current

Download

New Business application form for direct debit from 2nd September 2024

Please use this application form for the following legal entities to capture required data from policyholder:

  • Limited Companies
  • Unlimited Companies
  • Limited Liability Partnerships
  • Unincorporated Companies

Direct debit forms

Application Form

Current

Download

New Business application form for direct debit from 2nd September 2024

Please use this application form for the following legal entities to capture required data from policyholder:

  • Partnerships 3 or less
  • Partnerships 4 or more

Direct debit forms

Application Form

Current

Download

New Business application form for direct debit from 2nd September 2024

Please use this application form for the following legal entities to capture required data from policyholder:

  • Sole Trader
  • Private Individual

Direct debit forms

Application Form

Current

Download

New Business application form for direct debit from 2nd September 2024

Please use this application form for the following legal entities to capture required data from policyholder:

  • Trust or Foundation
  • Place of Worship
  • Club
  • Charity

Direct debit forms

Application Form

Current

Download

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