mbc realty & insurance group facebook pagembcpros.com twitter pagemike batutis linked in

Have a Question? Contact us at 630-636-6837
MBC Insurance Group

Premium Finance Life Insurance

Premium finance allows people with high net worth to purchase life insurance without liquidating other profitable investments or otherwise changing their normal cash flow situation. Through this innovative financial arrangement, qualified clients borrow the funds to pay the life insurance premiums. They protect the net worth they have built up and pass their financial legacy to future generations.
 
Eligibility for Premium Financing
 
To qualify for a premium financing arrangement, clients should demonstrate the following;

  • A need for life insurance.
  • Have a minimum net worth of $5,000,000 ($10,000,000 preferable) or more.
  • Have verifiable annual income in of $200,000 or more.
  • Have liquid assets sufficient to pledge as collateral for the loan.
  • Meet life insurance policy underwriting guidelines.
  • Commit to at least $1,000,000 in loans to provide

 

Click here to let our Premium Financing Specialist outline your options.

 

Or

 

Contact Mike Batutis, a specialist in this area, at 630-636-6837 or mikebatutis@mbcpros.com