Make Your Life Insurance Work for You
Building a solid legacy involves more than just having a life insurance policy. However, funding a policy can often tie up a significant amount of capital, leaving little room for other gifts you may be developing for the next generation, such as real estate or trust accounts. At the end of the day, life insurance is primarily designed to protect your loved ones from the financial burden of taxes and fees that may accompany the transfer of your estate. Depending on the size of your estate, you may require a substantial amount of life insurance coverage to ease this transition. So, how do you finance such a policy without disrupting your other financial plans?
The answer may be premium financing! Premium financing lets households and corporations buy substantial quantities of life insurance without paying the higher premiums upfront. We carefully create and manage premium financing strategies that can help safeguard and profit our clients. Premium financing requires specific handling. We know the approach, how to execute it, and can help deliver real results.
Premium financing funds life insurance premiums with a loan from a reputable bank. Thus, the customer temporarily decreases life insurance costs to loan interest rates. This reduces upfront costs. It also frees up the client's resources to invest in other things. The loan offers a tax-deferred additional income stream, therefore the customer may be able to benefit. All following withdrawals are preferred.
Preferred treatmentTax-deferred growth of cash valueAs you can see, premium financing is unusual, yet it might change your financial destiny.
Click below to speak with a Advanced Planning Premium Financing professional.
The answer may be premium financing! Premium financing lets households and corporations buy substantial quantities of life insurance without paying the higher premiums upfront. We carefully create and manage premium financing strategies that can help safeguard and profit our clients. Premium financing requires specific handling. We know the approach, how to execute it, and can help deliver real results.
Premium financing funds life insurance premiums with a loan from a reputable bank. Thus, the customer temporarily decreases life insurance costs to loan interest rates. This reduces upfront costs. It also frees up the client's resources to invest in other things. The loan offers a tax-deferred additional income stream, therefore the customer may be able to benefit. All following withdrawals are preferred.
Preferred treatmentTax-deferred growth of cash valueAs you can see, premium financing is unusual, yet it might change your financial destiny.
Click below to speak with a Advanced Planning Premium Financing professional.