Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Firm Adds Secured Loans

Your article was successfully shared with the contacts you provided.

Premium Funding Group L.L.C. has developed a financing product aimed at affluent life insurance buyers who need extra help getting credit.

PFG, New York, says its new Affluent Structured Product offers non-amortizing secured loans for clients with large estates.

The client must sign a personal guaranty, PFG says.

The debt service can be paid or accrued, and the loan can be supported through a combination of the client’s balance sheet and the underlying insurance, PFG says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.