Premium Financing

Funding Your Life Insurance While Preserving Your Wealth

You’ve earned a significant amount of wealth that you want to preserve and pass on. While life insurance accomplishes this, in some instances the level of life insurance you need might require you to liquidate a portion of your assets to pay your life insurance policy premiums. Fortunately, there’s a solution. Premium financing is an effective strategy in which you leverage a lender’s capital to pay your annual policy premiums instead of liquidating your assets.

This allows you to retain a significant amount of capital to maintain or make investments, preserve savings or meet cash flow needs. Premium financing shouldn’t be the reason you buy life insurance, but rather an effective method of paying for life insurance. Click here to learn more about premium financing. And, if your life insurance policy performs favorably, you could potentially earn a higher level of interest from your policy than the interest you pay for the loan.

WHo should consider premium financing?

Individuals, corporations, trusts and partnerships with a minimum net worth of $15 million in assets that need a significant amount of life insurance for personal, estate or business planning purposes.