Premium Financing

Most people mix senior settlements and life settlements with premium financing. They are both financial transactions that include life insurance, but should not always be linked together.

However most life insurance policies that are obtained via a premium financing method or then sold on the secondary market via a life settlement. This is not a mandatory requirement for a premium financed policy.

Premium Financing and Senior Settlement are excellent ways to capitalize on your insurability to protect and grow wealth. To be eligible to participate in either program, you must be a male, age 70 or older, or a female, age 75 or older, who is insurable by a highly rated life insurance company. In most cases the carrier most be A+ rated. These minimum ages may be lower based on an analysis of the your life expectancy (LE, from a third party source), medical records, and the outcome of a physical examination. Typically, you must be insurable for a minimum of $1 million up to a maximum of $30 million. Most companies will only finance policies in $5 million increments.

If you are interested in knowing more about the benefits of Senior Life Settlements and Premium Financing, please give us a call at 1-888-973-8377 to schedule a free consultation. We will answer your questions and provide you with all the documentation for legal and financial review so you can reach the best decision.

Also if you currently have a policy to sell, we can also assist with that. Let us work to get you the highest offer for that policy. Call 1-888-973-8377 today.