Premium Funding Group L.L.C. has come up with a new approach to helping older, affluent customers finance life insurance arrangements.
PFG, New York, says the new Stimulus Bridge program can mitigate interest rate and collateral volatility while a client’s devalued assets are given time to recover.
When the assets recover, the Stimulus Bridge program gives clients a chance to choose from a menu of long-term financing or payment options, PFG says.