How Do You Qualify For Premium Financing?
Jeff Faine
I Provide Our Clients Solutions That Delivers Three Efficiencies: (1) They Retain More Value Through Financed Tax Solutions, (2) They Enjoy More Retirement Income, and (3) They Preserve More Wealth.
By now you know Premium Financed Life Insurance is a great option for diversifying your portfolio with a tax-free asset.?
You are ready to explore the best way to use your life insurance (or get a policy) as the asset it is, and begin earning interest on its cash value.
Great! So, what next??
It’s true, this kind of policy isn’t something you can get in an hour by simply walking into a bank or insurance agent’s office.
The nuances of choosing the best possible policy and the right insurance company, along with a reputable lender and expert team to coordinate it all is where I come in.?
Let’s get into the specifics.
How to Begin a PFLI Policy?
There are qualifications every investor needs to meet in order to start the process.
To qualify for premium financed life insurance, our lenders who specialize in PFLI, sometimes referred to as leveraged life insurance, ask candidates to meet these requirements:
We include this information upfront because I believe that educating our clients, and potential clients, is the best way to earn their trust. A healthy relationship must be built on honesty in order to have a strong, lasting partnership.
How Do I Know Premium Financing is Right for Me?
My firm works one-on-one with every client and their established financial team when applicable.?
Whether they already have premium financed life insurance and are seeking a refined policy, or starting something new, the process is unique each time and completely tailored to each client.?
We pride ourselves in prioritizing customer service over selling, and will support every person, starting from day one.
If PFLI isn't exactly right for you, consider a self-funded solution. You can overfund your life insurance without the premium financing element. It is still considered a buffer asset, and a self-funded life insurance policy is a great path to grow your legacy.
Most of all, securing the right insurance policy for your needs and life goals is the key.?
Let us help you choose the best policy OR if you already have one, we offer a complimentary review!
What If I Have Premium Financing Life Insurance?
Perhaps you already have PFLI and you feel like you got the short end of the stick.?
No matter what your current provider tells you, you are NOT stuck in that policy.?
We offer a custom, complimentary service called CPR (Complimentary Policy Review) specifically for people currently owning Premium Financed Life Insurance. We conduct this process to make sure you have the strongest interest rate of return and lowest possible loan rates.
Conclusion
We are dedicated to being a very honest, reliable and successful firm, always supporting our clients’ goals and needs.?
We keep the line of communication open and provide information every step of the way.
If you’d like, please review this downloadable guide for an overview of how PFLI can work in a variety of scenarios.
Connect with me any time if you have questions or want to discuss policy options: [email protected] or 773-318-9608.