Premium Finance Strategies
Upon securing loan approval from a premium finance company, the client will post collateral to qualify for the loan. The initial loan amount is dispersed to the insurance company, which in turn pays the first premium on the policy.
The life insurance policy is typically owned by an Irrevocable Life Insurance Trust. The client will name the trust beneficiaries which may include a spouse, children, other heirs, business partners or a charity. The trust will refund premiums and any outstanding interest to the bank, who will continue to disperse funds according to the premium schedule.
Case Design
Access to an elite product portfolio, from IUL to Whole Life, along with expert recommendations constructed with your best interest in mind.
Funding and Implementation
Relationships with over 25 banks allows our team to negotiate the best rates and terms for you and your family.
Ongoing Support
Our dedicated team of professionals provides ongoing maintenance to ensure an efficient and effective premium financing arrangement.