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What is a premium finance agreement? Who is Ascend?
What is a premium finance agreement? Who is Ascend?
Mark Walters avatar
Written by Mark Walters
Updated over a week ago

A premium finance agreement is a contract between the insured and our trusted third-party finance company. When a customer decides to pay for their insurance policy monthly, our third-party partner, pays the entire years premium upfront while the customer makes monthly installments for the duration of the insurance contract.

Ascend is our premium finance partner. Anytime a customer pays for an insurance policy, whether through pay in full or premium finance, funds are then collected by Ascend and are then directed to the appropriate insurance carrier.

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