Premium Financing
A planning technique that leverages financed dollars to minimize out-of-pocket life insurance premium expenses.
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Candidates
Solutions are not one size fits all. For every planning technique, there are determining factors that illustrate whether the technique will fit the planning for an individual, family, business, or non-profit organization. Outlined below are ideal candidates who might benefit from exploring Premium Financing solutions.
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Frequently Asked Questions
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Some lenders will allow the life insurance policy to be used as collateral while others will require additional assets (e.g. cash, securities, real estate) to be used, usually dependent on the amount of the loan.