Premium Payment Plan is a division of First Insurance Funding, which is itself a division of Lake Forest Bank & Trust Company, N.A. The company is a leading provider in the insurance premium finance industry. Its core business is partnering with independent insurance agents to offer financing to policyholders for their commercial and personal insurance premiums. This service allows clients to spread the cost of their insurance over time through structured payment plans, rather than paying the entire premium upfront, thereby improving cash flow for the insured.

Founded in

United States