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.  

Life Insurance Acquisition

TFP Brokerage isn’t your typical life insurance Brokerage General Agency. We truly champion the process of securing the best possible rates on life insurance – both as your trusted consultant and as a highly experienced wholesaler.

Policy Review and Remediation

Life insurance is an important part of an overall financial plan. Regular life insurance reviews can determine if existing policies are performing as they should and if they’re meeting the client’s objectives.

Life Settlements

This secondary market for life insurance policies provides qualified policyholders with an alternative option other than those offered by the life insurance company. Life Settlements are about CHOICE – and that choice is now in the hands of the American consumer instead of the life insurance company.