Premium Financing

Premium financing in life insurance is a strategy that allows individuals or businesses to borrow funds to pay for high-value life insurance policies, rather than using their own capital. This approach enables policyholders to secure substantial coverage without depleting their assets or cash flow. The loan is typically repaid over time, often using the policy’s cash value or death benefit, making it a flexible solution for those seeking large policies for estate planning, business succession, or other financial goals.