PREMIUM FINANCE STRATEGIES

Secure the coverage and
protection you want and need



Life insurance premium financing is a financial tool that many ultra-high-net-worth individuals are taking advantage of to secure the coverage and protection they want and need. However, this approach can be quite intricate, as there are endless scenarios for structuring a life insurance premium financing policy. It’s important to implement this complex strategy with a trusted and experienced team on your side.

Chamberlin Financial and our team of experts understand the importance of using leverage to acquire the life insurance their clients need, while also growing their net worth. We create highly-personalized and tailored premium financing designs for each of our clients.

BENEFITS OF PREMIUM FINANCE

Taking advantage of an insurance company’s crediting rate that may outperform the borrowing costs.

Reducing or eliminating the out-of-pocket cost for life insurance.

An opportunity to outperform the borrowing cost through money saved by not paying the premiums.




"In order for high-net-worth individuals to
grow and protect their wealth, they need to
take advantage of leverage... this is where
premium financing strategies can help!"

-Stuart Chamberlin, President of Chamberlin Financial




HOW IT WORKS


Upon securing loan approval from a premium finance company, the client will post collateral to qualify for the loan. The initial loan amount is dispersed to the insurance company, which in turn pays the first premium on the policy.

The life insurance policy is typically owned by an Irrevocable Life Insurance Trust. The client will name the trust beneficiaries which may include a spouse, children, other heirs, business partners or a charity. The trust will refund premiums and any outstanding interest to the bank, who will continue to disperse funds according to the premium schedule.

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