What payment options are there?
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    What payment options are there?

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    Article summary

    Annual Upfront Payment
    Annual payments can be made over the phone by credit or debit card; or if you choose to pay online, you can use credit / debit card or PayPal.

    Please note that payment will be debited on or around the day requested even if you require the cover to start at a later date.

    Monthly Payments
    This allows you to split the cost of your insurance through instalments over the year by direct debit. Bennetts can offer you a credit scheme for this via our credit lender.

    There are charges for paying by instalments which means you will pay more than if you paid annually; the current APR will be indicated on the price display page.

    For new business, to pay by instalments you will need to pay an initial deposit followed by 10 monthly payments.

    Direct Debit payments are divided across 11 months for renewals.

    Your insurance is still calculated over a year and not on a monthly basis and there are a few cases where we are unable to offer the monthly payment service:

    • If you are under 18 years of age
    • If the annual cost of your insurance is less than a certain amount
    • We are unable to because of your credit history.