Premium finance can offer huge benefits to high-net-worth individuals looking to utilize financing to increase the size of their life insurance policy; the only drawback is that the approval process becomes more complicated. While it may seem daunting to work with both the life insurance carrier and the bank, having a clear idea of what steps you need to take will give you peace of mind during this process.
In this episode of Money Script Monday, Luke unpacks the 4-step timeline of purchasing a premium finance case and the strategies you can use to speed up this process.
Resources Provided for This Episode
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