About Us

All Island Credit Corp. is a financial services company engaged in the business of financing the payment of insurance premiums for the property and casualty insurance industry. With over eighty years of combined experience in its senior management, and an in depth knowledge of the insurance industry, AICC understands the administrative benefits and financial rewards that it can bring to its Brokers and Agents. AICC is licensed in numerous states, and maintains its corporate headquarters in Plainview, New York.


Frequently Asked Questions

What types of policies does AICC finance?

AICC finances commercial, personal and assigned risk policies.  Unlike other finance companies we understand the need to be able to offer financing for all lines of insurance.

Where are you licensed to do business?

AICC is licensed in NY, NJ, CT, PA, TX, ME, NH, MI, NC,  SC, AZ and VT.

What kind of payment terms do you offer?

AICC offers a wide variety of payment terms.  This permits you to find the right program for your insureds needs.

Can you finance a policy mid term?

Yes.  We have the ability to structure financing to accommodate mid term policies.

Can I add a policy endorsement to the financing contract?

We offer additional premium financing on all loans.

What is the minimum down payment on a policy?

The down payment varies based on the type of policy, term of loan and other criteria.  All Island will work with you to try and find the best terms for your insured and maintain our collateral in the policy.

What payment options do you have available?

All Island accepts payments by check, credit/debit cards, and ACH.  Click here to learn more about how to make a payment.

Do I need to have good credit?

Premium financing requires very little documentation, and in most cases no credit reporting is needed.  Loans are accepted and processed when a premium finance agreement is completed and received by All Island Credit Corp.

Is the interest tax deductible?

Interest on loans may be tax deductible.  As always, you should check with your professional accountant.  Loans may be prepaid and interest rebates will be calculated in accordance with the laws of each state.