About Premium Financing

Life Insurance Premium Financing. It is one of the hottest topics in the life insurance industry - and among the most controversial. In recent years, premium financing has evolved as a valuable tool for high-net-worth individuals to purchase the appropriate amount of life insurance - the amount they need - allowing them to then execute strategies to transfer wealth.

Premium Financing lets clients with significant insurance needs finance payments with little or no out-of-pocket costs and without the need to liquidate high-yielding assets to make policy payments. They can do this by using a combination of their life insurance policies and other assets as collateral.

Premium financing allows high net worth individuals to use a combination of the life insurance policy and other assets as collateral for a loan to fund life insurance policies.

Premium financing is typically appropriate for:

• Clients with large estates that wish to preserve as much of it as possible for future generations.
• Clients with significant insurance needs who desire to finance the payments with little or no out of pocket costs.
• Clients reluctant to liquidate high-yielding assets to make policy payments.
• Clients uncertain of the current status of the Federal Estate Tax and wish to hedge their insurability.
• Clients who are reluctant to recognize losses in significantly depressed portfolios.
• Clients who want to replace lost wealth with life insurance, without losing personal assets.

Contact a Life Insurance Concepts Representative Today.

For More Information Visit our FAQ's for individuals over the age of 70