Life Insurance Concepts is pleased to offer Premium Financing to:
Individuals under the age of 70
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 pay for life insurance policies. It uses leverage to eliminate or reduce out-of-pocket payments by as much as 90%. Our financing program - available for both existing policies and new policies - offers no risk for the insured, because the loan is secured by cash value, not the insured.
Premium Financing additionally:
- Uses equity in the policy to secure the loan for a single premium.
- Is available to high net worth individuals, families and businesses...and is ideal for estates in excess of $5,000,000.
- Is partnered with only the highest-rated banks and insurance companies.
- Includes individual and second-to-die coverage.
- Is perfect for estate planning, key-man, buy-sell and any traditional need for death benefits.
- Offers savings that can be used to accumulate side funds to offset any future premium requirements.
- Offers participation is by invitation only to qualified individuals meeting health and financial profile.
With premium financing based on rate arbitrages, for clients under age 70, clients realize:
- Affordability: It's the most cost effective way to purchase permanent life insurance.
- Flexibility: The policy owner can terminate the financing program at any time.
- Portability: Upon termination, coverage can be continued by the insured without evidence of insurability.
- No risk: Because the policy owner doesn't borrow or sign for loans, there's no risk associated with the Premium Financing.
- Liquidity: Premium financing is the ideal way to provide for liquidity needed for estate taxes, business continuation, and stock redemption or debt elimination.
- Dependable: Since 1980, more than $500,000,000 of premiums have been financed. With thirteen years of history behind us, our premium financing method is the most successful program in the country.
Contact a Life Insurance Concepts Representative Today.
