Installment Plan Guidelines

Standard Payment Options

 

Description

Minimum Premium 

% Down 

Total # of Payments 

Payment in Full (Annual) 

50% Down + 1 Monthly Installment 

50% 

25% Down + 3 Consecutive Monthly 

1,001 

25% 

40% Down + 3 Quarterly Installments 

1,001 

40% 

25% Down + 5 Monthly Installments 

1,001 

25% 

25% Down + 8 Monthly Installments 

2,501 

25% 

20% Down + 9 Monthly Installments 

1,001 

20% 

10 

25% Down + 9 Monthly Installment 

1,001 

25% 

10 (CPP Only) 

 


 

Direct Debit Payment Options

 

Description 

Minimum Premium 

% Down 

Total # of Payments 

Payment in Full (Annual) 

50% Down + 1 Monthly Installment 

50% 

40% Down + 3 Quarterly Installments 

1,001 

40% 

25% Down + 3 Consecutive Monthly 

1,001 

25% 

25% Down + 5 Monthly Installments 

1,001 

25% 

25% Down + 8 Monthly Installments 

2,501 

25% 

20% Down + 9 Monthly Installments 

1,001 

20% 

10 

12 Monthly Installments (EFT & PAYO) 

300 

12