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Life insurance premium financing is a tool, offered from a premium finance company, that an individual with substantial assets uses to cover the upfront costs and premium payments on a life insurance policy. Individuals often choose this course if they require a large amount of life insurance and do not want to pay the out-of-pocket costs. Premium financing makes the most sense when an individual wishes not to liquidate high yielding assets to cover the costs of a life insurance plan.

This entry was posted on Monday, May 5th, 2008 at 7:24 pm and is filed under premium financing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.