What is premium financing for life insurance?

It is borrowing money from a third party to pay the policy premiums. Once the policy generates enough surplus cash value in later years, the owner of the policy can then pay back the premium finance loan from policy values. This arrangement is widely accepted by life insurance companies and is utilized by consumers with a minimum net worth (generally at least $2.5 million) who have a need for insurance and prefer to retain their capital rather than liquidate assets to pay the premiums.

How Do We Help?

We are specialists that tailor premium finance life insurance designs to fit your client’s objectives. Whether it means purchasing large amounts of permanent insurance in the most cost-efficient manner or leveraging life insurance to create tax free income for retirement, we can help you show your clients impressive returns on their investment. Please tell us about your client and let’s see if we can help.

TFP Brokerage

TFP Brokerage is aligned and licensed with over 20 well know life carriers as a Brokerage General Agency.  We work directly with licensed insurance agents and brokers to make placements of life insurance policies and assure the appropriate process for obtaining that coverage.  Our unique submission process assures your client of getting a competitive offer every time they apply for coverage. TFP Brokerage is a member of AimcoR Group, LLC, a leading national insurance marketing organization.

TFP Consulting

​TFP Consulting works with insurance brokers, trust officers, property and casualty agents, CPA’s and attorneys in support of their efforts managing life insurance.  We provide these professionals a comprehensive policy review to meet their fiduciary obligations.  Follow our process and your clients will understand their policies and their options with their existing policies as well as new coverage alternatives.