02/05/2020
Premium financing has been around for many years, enabling the ultra-wealthy to obtain large amounts of life insurance without paying premiums out of pocket. This strategy is now available to a wider variety of clientele:
In the most broad explanation, premium financing uses the bank’s money to fund large amounts of life insurance. Premium financing may seem a bit unorthodox for those only familiar with run-of-the-mill strategies, but it offers incredible advantages that can radically shift your financial future.