Does My Case Qualify?

Our Life Insurance Premium Finance Questionnaire

The following questionnaire will assist you in determining the likelihood of receiving financing for the purchase of a life insurance policy.

If you would like to contact us today to discuss the results please call toll free (888) 511-5110.

NOTE: This is a preliminary tool designed for screening purposes only. Rejection or acceptance for a premium finance loan can only be determined by being underwritten by an insurance carrier and then and having your lending situation analyzed and reviewed by the marketplace of premium finance lenders.

General Minimum Premium Finance requirements:

Minimum age: 65
Minimum net worth: $3,000,000
No maximum on face amount
Policy loans for a minimum of 2 years

Amount of insurance coverage desired:
$0 - $1 million
$1M - $3 million
$3M - $5 million
$5M - $10 million
$10 million +

Desired length of the loan:
0 - 2 years
2 - 5 years
5 -10 years
loan to be maintained until the policy results in death claim

Medical condition of insured:
Healthy - higher probability for standard life insurance risk
Some medical conditions, treatable with medication
History of cardiac conditions or cancer

If informal or formal underwriting has been completed, please list the insured's issue rating (does client know this?)
Preferred
Standard
Table Rated 1 / Table A
Table Rated 2 / Table B
Table Rated 3 / Table C
Table Rated 4 / Table D
Table Rated 5 / Table F or lower

Collateral client is willing to post:
Client is not willing or able to post any collateral
Promissory note for 25% of the load and interest
Promissory note for 100% of the load and interest
Letter of credit (LOC) for full amount of the loan and interest
CD, real estate or other financial assets for full loan amount