Premium Financing

 

Are you a senior over 70 years of age who wants life insurance for your family but are put off by large premium payments?

 

Well, you could be in luck. As a senior (age 70-85), you may qualify for premium financing, whereby all of the premiums are financed by an institutional funder, not you, either short term or long term.
With premium financing, there is typically no out of pocket expense, and the client can choose to finance for life, a period certain, or to offer the policy with or without price protection, into a vast market of institutional buyers.

Who would finance a policy? Well, the insttutional marketplace has detemined that there is value in these policies, and that they can get a slightly higher return with these investments than with traditional notes, stocks, or bonds. In some cases the ultimate funder could even be a life insurance company.

Paying premiums could force you to liquidate assets and possibly take a substantial loss or incur tax implications. With premium financing, this is no longer the case, and your hard earned resouces remain intact.

The end result is more money for the insured and their family. 

 

Use leverage and other Institutional Funding Sources to completely eliminate insurance premiums.

Program Highlights

 

No risk for insured. Obligations secured by policy, not insured.

Available to high net worth individuals, families and businesses. Ideal for estates in excess of $1,000,000.

 

Exclusively utilizing the highest rated banks and insurance companies.

Individual and Second to Die coverage policies utilized.

 

Perfect for estate planning, key-man, buy-sell and any traditional need for death benefits.

Participation is exclusive only to qualified individuals meeting health and financial profile.

Affordability

 

The most cost effective way to purchase permanent life insurance.

 

How safe is this policy compared to the other types of insurance policies?

One of the most important things to understand is that the program is only a method for paying premiums. It is not a new type of insurance policy. We use standard universal life policies that anyone can buy from our carriers. You have all the same safety measures and guarantees found in every universal life contract.

 

To find out more about our premium financing program, fill out your confidential inquiry here.