Yes, Insurance Premium Financing can allow an eligible customer to spread the cost of an approved insurance premium across monthly instalments rather than making one large upfront payment. DTB offers IPF for amounts starting from KES 20,000, subject to approval, applicable policy eligibility and the Bank’s current terms.

Yes. Under DTB Insurance Premium Financing, the Bank pays the financed premium amount directly to the insurance underwriter after approval. You then repay DTB in consecutive monthly instalments as agreed. This can help you obtain or renew insurance while managing your cash flow.

Customers commonly look for premium financing for motor, medical, property, fire, business, liability and other general insurance covers. DTB’s public IPF page does not list every policy type that qualifies, so confirm the eligibility of your specific insurance policy and underwriter with DTB before applying.

Potentially, subject to the policy and underwriter meeting DTB’s eligibility requirements. Motorists and businesses often seek premium financing when comprehensive cover or multiple fleet policies create a large annual cash outflow. Share your insurance quotation or debit note with DTB so the Bank can confirm whether the policy is eligible for IPF.

Yes. Insurance Premium Financing can help a business avoid using a large amount of working capital for one annual insurance payment. Instead, the approved premium is financed and repaid in monthly instalments, allowing cash to remain available for needs such as stock, suppliers, payroll and other operating expenses. Approval depends on the business’s ability to meet the repayments.

Insurance Premium Financing may be suitable where the business needs to renew eligible insurance cover but does not want the full premium to compete with immediate operating expenses. DTB can finance an approved premium and pay the underwriter directly, while the business repays the facility monthly for up to 10 months.

Paying upfront avoids financing costs but requires the full premium immediately. Insurance Premium Financing spreads the payment across monthly instalments and can protect liquidity or working capital, but interest and other applicable charges apply. Compare the total financing cost with the cash-flow benefit and choose the option that fits your budget and ability to repay.

Compare the repayment period, current interest rate, fees and taxes, minimum or maximum finance amount, upfront contribution, eligible insurers and policy types, documentation, security requirements, early-settlement terms and what happens if an instalment is missed. DTB offers IPF from KES 20,000 with repayment of up to 10 months, while current pricing should be confirmed with the Bank.

DTB publishes a minimum IPF amount of KES 20,000. The Bank does not publish one maximum amount for every applicant on the product page. The amount approved will depend on the insurance premium, your application and DTB’s assessment of your ability to meet the monthly instalments.

The published maximum repayment period is 10 months. Your exact repayment schedule and instalment amount will be agreed with DTB based on the approved premium financing facility.

DTB advises customers to contact a branch for the current Insurance Premium Financing rate. Your final cost may include the applicable interest and any duties, taxes or other charges provided for in the financing agreement. Review the full repayment amount and terms before accepting the facility.

DTB’s minimum criteria include the ability to meet the subsequent monthly instalments. The Bank also states that applicants should either have a direct relationship with DTB or be recommended to DTB by an insurance company. All applications remain subject to the Bank’s assessment and approval.

You should prepare your national ID or passport, KRA PIN, registration and Business PIN documents where applicable, the IPF Application / Agreement, insurance debit note or quotation, and the required cheque / instalment documentation. DTB may request additional information where necessary to assess the application.

A company should prepare its KRA PIN, certificate of incorporation / Business PIN, the IPF Application / Agreement, insurance debit note or quotation, first current cheque, post-dated cheques and the required first instalment. DTB may request further documents or information during assessment.

No. DTB’s published product structure states that the Bank pays the financed premium amount directly to the insurance underwriter. This ensures the facility is used for the approved insurance premium rather than being disbursed as general-purpose cash.

DTB states that financing is available to applicants who have a direct relationship with the Bank or applicants recommended to DTB by an insurance company. If you do not currently bank with DTB, speak to the Bank or your insurer to confirm the application route and any account requirements.

DTB lists a tripartite agreement signed by the insured, the insurer and the Bank as the security for the IPF facility. The public page does not state that property collateral is required as a standard feature. Confirm whether any additional security or documentation applies to your specific application.

Missing an instalment can have serious consequences. DTB’s IPF Terms and Conditions provide for default interest on overdue instalments and state that a financed policy may be subject to cancellation after a payment default. The Bank may also demand repayment of the outstanding balance in circumstances set out in the agreement. Apply only for a repayment amount your cash flow can support.

You should ask DTB for the settlement amount before paying early. DTB’s current IPF Terms and Conditions state that the applicable interest for the facility is charged at commencement and is payable in full without a prorated deduction or rebate even if the facility is settled before the scheduled maturity. Confirm the current settlement terms with the Bank before proceeding.