Discovering Unique Solutions for Loan Balances
The rising interest rate environment has impacted virtually all types of commercial loans, and loans that involve life insurance policies are no exception. The rapid rise has rendered many strategies in need of some sort of “rescue” that seeks to mitigate the negative impact of today’s higher rates. Fortunately, we’ve identified strategies that can address challenges presented by premium finance loans, bank loans secured by life insurance policies as well as existing loans from in force life insurance policies. If this sounds like a case you are working on, join LIFE Brokerage for a session focused on these solutions, as well as a new strategy that takes advantage of unencumbered policies with large cash surrender values to deliver more effective coverage that better meets today’s planning challenges. Request a session today!
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The contents of this document should not be considered as tax or legal advice. Any information or guidance provided is solely for educational or informational purposes and should not be relied upon as a substitute for professional advice. It is always recommended to consult with a licensed financial or legal advisor for specific guidance related to your individual situation.