Premium Finance Insurance Brokers
Life Insurance Premium Finance has been surrounding the life assurance industry for over 15 years. In straightforward terms, it's the borrowing of premiums to fund a life assurance policy. Premium Finance involves the loaning of funds to someone or company to hide the price of Associate in Nursing payment. Premium finance loans area unit usually provided by a rendezvous with a 3rd party entity called a “Premium Finance brokerage.
Summary: Insurance brokers are busy people and require a lot of information that is up-to-date and ready to be shared with clients. A premium financing company offering a cloud- based finance quotes system can make their job easier and more professional.
