You can pay by monthly instalments if the total cost of your policy is over a certain amount (this can vary), you are at least 18 years of age at the start of the policy and the bank account used for the direct debits is in the same name as the policyholder. A 20% deposit is required, followed by 10 monthly instalments. Your credit facility will be provided by Premium Credit Limited (PCL). If you make a claim and you are paying the premium by monthly instalments, we may require you to pay the outstanding balance before we settle the claim or we may deduct that balance from the settlement of the claim itself.