August 4, 2020
Is Leveraged Funding for Life Insurance Right for Your Client?
For high net worth individuals, Premium Finance may be the right solution.
Premium Finance is a strategy used by wealthy individuals and business owners to finance premiums for large life insurance policies. The strategy allows individuals who have a need for permanent life insurance to use an alternative method to pay the premiums. Rather than using their current cash flow or assets, they may choose to finance the premiums them from a bank. Individuals who are well suited to the strategy understand both the power, and associated risks, of leverage.
- To learn more about the premium finance concept, please see our Introductory Agent Training Presentation found on the Agent Portal here.
- Find the marketing flyer here.
- For National Life Group’s Premium Finance Guidelines, please click here.
You can find all Premium Finance related marketing materials, along with other advanced planning concepts on the Advanced Markets website.
