Premium Finance Canada

Premium Financing of Life Insurance

Premium Financing of Life Insurance - Typically, once a personal purchases life assurance, he or she pays Premium Finance on to the underwriter with Money. However high-net-worth people typically would like massive amounts of life assurance, requiring significant premium payments ( Premium Finance Payments ). Some people have sound fiscal reasons for not needing to pay these higher premiums with cash—for example, they will not wish to disrupt traditional income, liquidate high performing arts arts investments, or sell assets that will lead to capital gains tax liabilities. For these people, premium funding is also an applicable decision, permit them to borrow the funds from a 3rd party to pay the Premium Fiance for the coverage they have.