Do you have clients that cannot pay their upcoming premiums for their Life Insurance policies?
Do you have client that have been declined by the life settlement market because of their good health and long LE’s?
Keeping the policy with In-Force financing is a better alternative to lapsing or surrendering a policy. In-Force Premium Financing will give your client’s another year of coverage, after which they can revisit their options. You can repay the loan if your client financial situation improves versus selling the policy
Policy Qualification
- Death Benefits from $1M to $10M
- Premium to Death Benefit ratio should be approximately 4%
- Standard and Preferred issued cases will price best
- LE’s up to 220 month are considered
What we will need to provide a quote
- Copy of the current policy
- Current In-Force illustration
- Complete premium history
- AVS LE
Click Here for a case study and contact us for details at 800-776-4647, www.cpsimis.com
Don’t allow your client’s Life Insurance policy to Lapse