How does paying by direct debit work?
We use Premium Credit Ltd (PCL) to manage direct debit payments. Here’s how it works:
- Setting up payments:
- You’ll enter a credit agreement with PCL
- PCL will email you a link to create your online account
- Sign your credit agreement and view your payment schedule in your PCL account
- Managing your account: Visit Premium Credit’s portal to:
- View payment schedules
- Update payment details
- Manage your credit agreement
Important: Your insurance policy and PCL credit agreement are separate
- Cancelling your PCL direct debit doesn’t cancel your insurance
- Cancelling your insurance doesn’t stop PCL payments
- You must cancel each agreement separately if needed
For more details about the payment process, visit Premium Credit’s guide for Personal Insurance Customers.