Premium Financing for Life Insurance: The Who, What and Why
Premium financing is a strategy whereby a qualified borrower accesses third-party financing to pay large life insurance premiums.
This allows individuals and businesses to leverage current assets while maximizing returns via predetermined cash flow.
This type of planning is for high net worth people (+5 million Net Worth) which could include some of the following,
Privately Held Business
Hedge Fund Owners and Managers
Private Equity Firms Owners and Managers
Insurance companies will use specific products for this type of planning to minimize outside collateral and maximize returns.
For more information on this concept, call Charlie Sperrazza at (716) 909-9662