Premium finance offers your high net worth client the ability to obtain the life insurance they need while, at the same time, deferring the high cost of premium payments.
Need more information?
-
Email or Call us Mon - Fri 6am-8pm EST
USA: 877-638-4244
Worldwide: +1-908-679-3150
Premium Continuation Loan
Product Details
A.I. Credit is able to help existing policyholders with the continuation of their premiums if the client has liquidity issues. This frees up capital allocated for existing life insurance premiums and enables the client to purchase additional coverage
A.I. Credit Loan Products
- All loans are underwritten for the life of the insured, regardless of age.
- Client has yearly option to have A.I. Credit advance the premium or pay it themselves.
- Our Rapid Review means a simpler, smarter annual process. As long as there has been no event of default and our other review conditions are satisfied, A.I. Credit will advance the next year's premium.
- No required revenue sharing. A producer with the necessary knowledge has the option to work directly with A.I. Credit.
- Properly structured transactions that meet A.I. Credit's requirements may be completed without a Personal Guarantee.