Posted on June 26, 2008 by premiumfinancing
Premium financing is not actually buying an insurance policy; rather, it is a method a person can use to finance the purchase of an insurance policy. A contract is signed between a borrower and a lender, not a policyholder and an insurance company.
The buyer obtains a loan from a party other than the insurance [...]
Filed under: Estate Planning, Life Insurance, Premium financing | Leave a Comment »
Posted on June 26, 2008 by premiumfinancing
Premium financing in Texas and throughout the country has become a very important topic in the insurance industry. Premium financing of life insurance is a way for high-net-worth individuals, especially the age of 55 and over, to obtain the life insurance coverage they need without having to divest high yielding assets.
Most premium financing policies require [...]
Filed under: Estate Planning, Life Insurance, Premium financing | Leave a Comment »
Posted on June 24, 2008 by premiumfinancing
If you are single and have no children, you many not need life insurance at this stage in your life. However, people who want to protect their family’s standard of living or who own a business should critically think about how much life insurance they should purchase.
One rule of thumb is to purchase life insurance [...]
Filed under: Life Insurance | Tagged: life insurance questions, questions before getting life insurance | Leave a Comment »
Posted on June 22, 2008 by premiumfinancing
It is important you choose the right premium financing company this is right for you, www.imprl.com is a great place to start.
There are a number of benefits to financing an insurance premium. These include:
Eliminates the requirement for a large up-front payment to an insurance company.
Multiple insurance policies can be attached to a single premium finance [...]
Filed under: Premium financing | Tagged: companies that offer premium financing, great premium financing firms, premium loan, premium loan company | Leave a Comment »
Posted on June 20, 2008 by premiumfinancing
Planning for the future with premium financing for life insurance
Acknowledging pain and grief happens after the loss of a loved one. Having a life insurance policy can aid it this difficult time. Protecting your family and loved ones will make this transitional period of time easier to bear. If you don’t want to liquidate your [...]
Filed under: Estate Planning, Life Insurance, Life Insurance for Seniors | Leave a Comment »
Posted on June 17, 2008 by premiumfinancing
A great tool for planning for the later part of your life includes premium financing for life insurance. This information was provided from seniornet.org
The Seven Keys to Successful Aging
Based on the Forum discussions, we have identified seven keys, or principles, for successful aging. None of them is startling or esoteric. They all include a good [...]
Filed under: Uncategorized | Leave a Comment »
Posted on June 16, 2008 by premiumfinancing
Insurance can be a very intelligent purchase, but it can also be costly. Out of convenience or economic necessity, many people finance their insurance premium. Before you decide to finance an insurance policy, you should understand how the process works. It is also important to compare costs, just as you would with any purchase. Even [...]
Filed under: Life Insurance, Premium financing | Tagged: life insurance and premium financing, premium finance introduction, premium firms, premium insurance payments | Leave a Comment »
Posted on June 15, 2008 by premiumfinancing
Premium Financing helps you secure your family’s future
Acknowledging pain and grief happens after the loss of a loved one. Having a life insurance policy can aid it this difficult time. Protecting your family and loved ones will make this transitional period of time easier to bear. If you don’t want to liquidate your estate as [...]
Filed under: Estate Planning | Tagged: family financial decisions, financial future for families | Leave a Comment »
Posted on June 13, 2008 by premiumfinancing
New Jersey Families at Risk
Numbers provided by LIMRA International:
28% of wives have no life insurance at all
Wives have an average of $147,800 of life insurance coverage
15% of husbands have no life insurance at all
Husbands have an average of $235,600 of life insurance coverage
The typical married couple would need to double its current coverage to meet [...]
Filed under: Estate Planning, Life Insurance, Life Insurance for Seniors | Tagged: new jersey family life insurance, premium life insurance new jersey | Leave a Comment »
Posted on June 11, 2008 by premiumfinancing
If you are single, living in Texas, and have no children, you many not need life insurance at this stage in your life. However, people who want to protect their family’s standard of living or who own a business should critically think about how much life insurance they should purchase.
One rule of thumb is to [...]
Filed under: Life Insurance, Life Insurance for Seniors | Tagged: texas family life insurance, texas life insurance | Leave a Comment »