There are certain advantages to financing life insurance premiums for new or existing policies.
Here are 5 points to consider.
Premium financing allows you to:
-> Acquire new life insurance coverage or fund existing premiums without liquidating assets.
-> Reduce the size of gifts made to fund life insurance policies owned outside of your estate.
-> Lower the impact on your current cash flow.
-> Borrow cash at an attractive interest Rate without liquidating taxable investments.
-> Assist with overall estate planning and ensure the protection of assets for your heirs.
Whether applying for new life insurance or funding existing policies, let a SWP professional show you why you should consider financing your life insurance premiums.