Tuesday, March 23, 2010
Traditional Premium Finane for Life Insurance
Traditional loans require a letter of credit from a major bank and interest payments out of pocket to maintain a level death benefit. It is appropriate for clients of any age, seeking a long term plan for significant coverage, or premiums in excess of $150,000 a year. All carriers accept this type of plan. Finance For Life is pleased to broker these loans for your clients through the FFL Loan Advantage Program™.
Finance For LifeSince 2004
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877.763.0098
Friday, February 05, 2010
Finance For Life Offers New Insurance Loans
Memphis, TN, October 26, 2010 – Finance For Life Offers New Insurance Loans .
- Get a new loan on existing coverage
- Refinance existing loans on policies
- Finance new policies
- Reasonable interest rates
- Generous cash back on most loans
About Finance For Life
Since its inception in 2005, Finance For Life has experienced growth in both annual revenue and company size. FFL works with the most reputable General Agencies and life insurance premium finance lenders available to insureds of all ages. Finance For Life has brokered nearly 1 billion dollars in death benefit for affluent seniors and their families as well as for affluent younger insureds. Their professional, experienced and dedicated team has earned Finance For Life a reputation of providing exceptional customer service, diligence and utmost respect for client confidentiality and privacy.
Finance For Life also helps facilitate the sale of premium financed and non premium financed life insurance policy portfolios. It has approximately 6 billion of inventory available and works with both buyers and sellers.
To receive more information about Finance For Life,please contact Ronnie Katz or Gershon Yarmush at 877-763-0098.
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Friday, January 30, 2009
Finance For Life Starts Off The 2009 Funding Season With a Bang, Offers Multiple New Hybrid and Traditional Sources
"We are seeing strong new demand from several sources, and are stepping up the generation of new term sheets and closings," comments Company President
Memphis, TN (PRWEB) January 29, 2009 -- Finance For Life, LLC (FFL) announced today that they are pleased to offer three exciting new hybrid sources and three new traditional sources for financing. According to Ronnie Katz, CPA, Company President, "Although the lending market as a whole remains weak, and standards have tightened, demand from Insurers seeking to add to the best part of their balance sheet remains strong.
This drives underwriting, and opens up product, and Funders are stepping in to provide loans. 2008 delivered a fresh reminder of the benefits of having a portfolio that contains some non-correlated assets, and cases that show a solid LTV are getting money." FFL is also seeing some early success with bridge financing or premium finance rescue loans. These loans provide additional funds beyond the term of shorter length hybrid programs and can last as long as the life of the insured.
In difficult times, FFL has been successful in funding hybrid premium finance cases for those 70 and older and has several sources, with unique programs, that provide clients with funding solutions for both short and long term needs. "Time is of the essence in getting cases funded," says Ronnie Katz. "The market is still rebounding and deals are getting done, but if you have an offer, act on it and close it. Resist the temptation to 'shop around.' We've seen many deals slip through agents' fingers, leaving their clients without valuable, low risk coverage."
Katz strongly advises to act now, while funds are available. "Our staff will guide agents through the process from start to finish -- with success." Katz continues, "We also have a large presence in the traditional life insurance premium financing market and have some unique programs for younger insureds that require little out of pocket and provide large benefits with a clear loan exit strategy built in, within the client's lifetime. We currently have hundreds of millions of dollars of traditional cases in process that require no out of pocket and reasonable collateral for individual insureds or groups (such as medical groups or law firms) needing $10 million or more of life insurance coverage."
FFL has built its name on successful funding of cases, having seen over $10 billion of face amount and having assisted in the funding of over $1 billion of policies. FFL continues to service its clients with unsurpassed customer service and excellent communications.
About Finance For Life:
Founded in 2004 by Ronnie Katz, CPA, Finance For Life was created to eliminate the confusion and red tape that often accompanies premium financing. FFL prides itself on being able to offer a variety of life insurance premium financing solutions, including hybrid premium financing for senior clients and traditional premium financing for all ages. Whether your case is large, small or difficult to finance, the experienced team at FFL will find the premium financing that fits your specific needs.
To receive more information about Finance For Life, please contact Ronnie Katz or Gershon Yarmush at 877-763-0098 or by email, info@financeforlife.com, or visit our website http://www.financeforlife.com.
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Thursday, November 20, 2008
Life Insurance Premium Financing Parameters
877.763.0098
http://www.financeforlife.com/
info@financeforlife.com
Friday, November 07, 2008
Premium Financing Cases Getting Funded With Great Success
Finance For Life Takes In Record Number of Policies For financing in October and November
“We’ve had overwhelming success in getting cases funded,” Comments Company President
Memphis, TN, November 7, 2008, Finance For Life, LLC (FFL) announced today that they have taken in a record number of life insurance premium finance cases in October and to date in November. According to Ronnie Katz, CPA, Company President, “Due to relationships forged with our lenders before the economic decline and change in mortality calculations by life expectancy companies, we are still able to get cases funded. Our relationships are with solid lenders that are able to withstand the current market challenges.”
In difficult times, FFL has been successful in funding hybrid premium finance cases for those 70 and older and has several sources, with unique programs, that provide clients with a funding solution for short and long term needs. “Time is of the essence in getting cases funded,” according to Ronnie Katz. “Year-end underwriting and carrier’s wanting to fund premiums before the end of 2008 make the remaining months ripe for funding policies. Our lenders have allocated enough funds to get our clients’ cases funded before the end of the year.
Katz strongly advises to act now, while funds are available. “Our staff will guide agents through the process from start to finish – with success.” Katz continues, “We also have a large presence in the traditional life insurance premium financing market and have some unique programs worthy of looking in to. We currently have hundreds of millions of dollars of traditional cases in process that require no out of pocket and reasonable collateral for individual insureds or groups (such as medical groups or law firms) needing $10 million or more of life insurance coverage.”
FFL has built its name on successful funding of cases, having seen over $10 billion of face amount and having assisted in the funding of over $1 billion of policies. FFL continues to service its clients with unsurpassed customer service and excellent communications.
About Finance For Life
Founded in 2004 by Ronnie Katz, CPA, Finance For Life was created to eliminate the confusion and red tape that often accompanies premium financing. FFL prides itself on being able to offer a variety of life insurance premium financing solutions, including hybrid premium financing for senior clients and traditional premium financing for all ages. In addition, FFL’s ‘Beat The Street’ Programs earns producers higher commissions on their cases. Whether your case is large, small or difficult to finance, the experienced team at FFL will find the premium financing that fits your specific needs.
To receive more information about Finance For Life, please contact Ronnie Katz, Company President at 877-763-0098 or by email, info@financeforlife.com Web: http://www.financeforlife.com/
Thursday, September 18, 2008
Life Expectancy Debacle Not A Problem For Finance For Life Clients
Memphis, TN, September 18, 2008: Finance For Life, LLC announced today that it has lending programs that will accept existing 21st Services life expectancy reports issued before the September 16th adjustment date. In addition, Finance For Life has several lending programs which do not rely on LE’s at all or on LE’s other than 21st.
Per Ronnie Katz, CPA, President of Finance For Life, “Finance For Life always strives to represent a variety of lenders to suit our clients’ needs. Thus, under stressed market conditions, or in instances such as where LE companies make adjustments to their calculations, we are able to continue to get cases funded. As a result, we have successfully funded a record number of cases throughout the year.”
Finance For Life provides life insurance premium financing solutions to life insurance producers, general agencies, financial advisors and individuals.
In addition, Finance For Life assists with agent case processing, case consulting, sales assistance and life insurance sales. Amongst its many product lines are loans for all ages, including comprehensive solutions for ages 20 to 69, hybrid loans for those 70 and older and the Beat The Street compensation program for producers.
For more information please contact Ronnie Katz or Gershon Yarmush direct:
Email: rkatz@financeforlife.com
gyarmush@financeforlife.com
Phone: 901.763.0098
877.763.0098 (toll free)
Web: www.financeforlife.com
Wednesday, August 27, 2008
Finance For Life: Recap of August Activity
The following is a brief sampling of the August activity at Finance For Life.
Finance For Life Announces New Company Hires
Premium Finance Leader Adds Key Positions To Growing Staff
Finance For Life, an industry leader in premium finance since 2005, announced the addition of several new company hires. They are:
Tina England joins Finance For Life as Executive Assistant. She has a strong background in paralegal work and office administration. Ms. England will act as the personal assistant to the President, Ronnie Katz, and will handle most of the duties relating to office management.
Rachel McKinley joins Finance For Life as Case Pricing Specialist. She will handle case pricing, case manager assistance and order specialized reports and records. Ms. McKinley will work under the direction of Gershon Yarmush, Vice President Of Operations for Finance For Life.
According to Ronnie Katz, CPA and President of Finance For Life, “We have seen more cases through the midway point of 2008 than we saw in all of 2007. As a result, we are adding staff to assure efficient operation and case processing.”
Finance For Life Continues to Add Insurance And Financing Services to Existing Product Line
Premium Finance Leader Adds New Products and Expands Services to Accommodate Client Needs
Finance For Life today announced it has recently added several new products and services to its existing array of programs and services, including:
• “Beat The Street” Program: Program designed to facilitate highest commissions available to high end producers facilitated through FFL’s excellent relationships with top GA’s.
• Case Consulting & Processing: FFL will thoroughly review producers’ cases, process them and interact with the GA from underwriting through getting the policy placed.
• Sales Assistance: FFL will assist producers in sales of both traditional and premium financed products, by assisting in direct meetings with the client.
• Life Insurance Sales: Life Insurance sales – for both traditional insurance needs and premium finance.
Ronnie Katz, CPA and President of Finance For Life comments on the expansion, “We are adding to our existing products and services to meet the demands of our expanding client base. Due to our excellent relationships with GA’s and premium finance lenders, we are able to offer agents more compensation and better results in getting cases successfully premium financed. We have added staff to assure efficient operations and the very best in customer service and support.”
About Finance For Life
In addition to the growing staff, Finance For Life continues to add life insurance and financing services to better serve its clients. FFL now offers life insurance sales, case processing, premium financing, case design, and sales assistance. The company works with the most reputable and flexible providers of life insurance loans available to seniors. Finance For Life has brokered nearly 1 billion dollars in death benefit for affluent seniors and their families. Their professional, experienced, and caring team has led to a reputation for exceptional customer service, diligence, and utmost respect for client confidentiality and privacy.
To speak to a representative or to find out more information on premium financing, please contact a representative at Finance For Life:
Phone: 877-763-0098
Email info@financeforlife.com