Brewery Insurance
Brewery Insurance Payment Options
A full annual premium can land at a bad time, especially after a big equipment purchase. Many insurers and finance providers let you pay monthly instead.
What to check
What to check
- Whether there’s an extra fee or interest for paying monthly
- What happens if a payment is missed
- Whether cover can be cancelled for non-payment
- How refunds work if you cancel mid-year
- Whether the monthly total is more than the annual price
Example
Example
A brewery pays $14,000 a year. Spreading it over 12 payments helps cash flow, but the total may come to more than $14,000 once fees are added. Knowing the difference lets you decide.
What’s usually available
What’s usually available
Monthly instalments through the insurer
Premium funding through a finance company
Before you call
Questions to think about before you call
- 01
When does your cash flow best suit payments?
- 02
Do you want to pay annually or monthly?
Brewery insurance
More brewery cover guides
FAQs
General advice only. It does not take into account your objectives, financial situation or needs. Read the relevant PDS and our Financial Services Guide before deciding.
Often, yes. Ask for both figures.
Usually yes.
The insurer or lender may send a notice, and cover can end if it isn’t resolved.
We can talk you through the options.
Contact us
Want us to review your cover?
Tell us about your brewery or craft venue and we’ll come back with options. Prefer to talk? Call 02 8660 2305 or email admin@idealbrokers.com.au.