Loan and Premium Debt Interest Rate
The annual interest rate on loan and premium debt is 10% p.a. on policies and loans written from 1 January 1983 and 7% p.a. for premium debt on policies written prior to 1983. Rates are reviewed at least annually.
The annual interest rate on loan and premium debt is 10% p.a. on policies and loans written from 1 January 1983 and 7% p.a. for premium debt on policies written prior to 1983. Rates are reviewed at least annually.