Excerpt from: Life Settlement Update
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| August 15, 2008 | | Explanation of the different types of premium finance available to seniors | We probably get more questions about premium finance than anything else. This is not surprising when you consider that premiums can cost seniors tens, even hundreds of thousands of dollars every year. If it was free everyone would get life insurance, so making it affordable is one of the most important duties of a life insurance brohker. There are an amazing array of different premium finance programs from many different lenders and investors. However all these programs fall into 3 types explained in this article on premium finance. It will only take five minutes of your time to read but it will provide a wealth of information to help you discuss options with your broker. | | |
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