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What Is Insurance Premium Finance?

A premium finance transaction involves the borrowing of money from a bank or hedge fund to pay the premiums of a newly originated insurance policy.  The majority of financed policies have a face amount of over $1,000,000. The insured will borrow the money for a...

Life Insurance – Who Needs It?

Life Insurance cover provides either a lump sum or an income on the untimely death of an individual. Therefore, anyone who’s death would create a financial loss to another has a need for life insurance cover. This could/should include the following: –...