The FFL Loan Advantage Program
You’ve heard about it from your friends and business associates, out on the golf course, and perhaps even from your life insurance agent, but you still aren’t quite sure what it is, or how it can benefit you. The FFL Loan Advantage Program™ was created to educate you about premium financing and assist you with the purchase of large face life insurance policies, for estate planning purposes, or simply to leave a legacy after your passing.
Premium financing is a tool that allows you to put in force a large life insurance policy on your life to benefit your heirs, estate, business or favorite charity. When utilizing a loan from a specialty lender or bank, the collateral required is very reasonable and usually takes the form of a personal guarantee for a small percentage of the loan used to fund your policy. In most cases, no letter of credit or other assets are required to be pledged as collateral. For most seniors, there are no out of pocket costs required initially, allowing you to get the coverage you need, while you are healthy, without the financial burden of writing a large check or pledging important assets.
Contact Finance For Life:
Phone: 877.763.0098
Information: info@financeforlife.com
Cases: cases@financeforlife.com
Thursday, February 21, 2008
Thursday, February 14, 2008
Wet Ink Deals, Buyer Beware!
Wet Ink Deals also know as ‘wet ink transactions,’ 'contestables' or ‘3% deals’ have historically become a profitable item for promoters to sell to the uninformed consumer. As in any premium financing program, a buyer beware policy applies in this case more than ever.
Know the risks associated with these types of premium financing programs:
· May raise your risk of securities regulation and litigation issues
· May put you at risk for unexpected tax fees
· In some cases you may be charged extremely high penalty fees
Finance For Life prides itself on being able to offer a variety of loans, including Hybrid premium financing. Our experienced team will find a reputable premium financing plan that fits your specific needs.
If you have questions or inquiries on premium financing, please contact us direct:
Phone: 877-763-0098, visit our web site at http://www.financeforlife.com/ or email info@financeforlife.com
Know the risks associated with these types of premium financing programs:
· May raise your risk of securities regulation and litigation issues
· May put you at risk for unexpected tax fees
· In some cases you may be charged extremely high penalty fees
Finance For Life prides itself on being able to offer a variety of loans, including Hybrid premium financing. Our experienced team will find a reputable premium financing plan that fits your specific needs.
If you have questions or inquiries on premium financing, please contact us direct:
Phone: 877-763-0098, visit our web site at http://www.financeforlife.com/ or email info@financeforlife.com
Tuesday, February 12, 2008
Finance For Life: Client Success Stories
Finance For Life: VP Of Operations Discusses Reasons For Company Growth and Shares Client Success Stories
Rapid expansion of Life Insurance Premium Finance industry enables organization to assist in financing record number of policies
When asked what motivates Finance For Life to do more than continue to grow in 2008 and surpass its 2007 revenue, Gershon Yarmush, VP of Operations, comments without hesitation: “Our motivation is to continue helping our clients and agents profit from innovative life insurance premium financing opportunities.”
Real Cases: Finance For Life Brokers 5 Million Dollar Benefit to Protect Estate of Grieving Family (The following scenario happened to an actual FFL client.)
Case Example: The Smith Family
A member of the Smith family decided to speak with someone regarding the benefits and protection that a premium finance loan could offer. Mr. Smith, the patriarch of the family, was a healthy, active 88 year-old man. Mr. Smith’s main concern was to protect his hard-earned $8 million net worth. To address this need, his insurance agent recommended a $5 million life insurance policy from an A++ rated national insurer.
Mr. Smith soon found himself in a dilemma: He needed the valuable protection that an A++ life insurance policy could offer. Due to his cash flow needs at the time, he found it difficult to write the large premium check the insurer demanded. Mr. Smith found himself in a desperate need for a solution.
The Solution:
His agent, Mr. McNulty, wanted to assist his client to find a solution to this challenging situation. The agent decided to call his representative at Finance For Life to inquire about the available options.
The Result
Finance For Life was able to broker coverage of a safe and secure 30 month loan with a large and reputable premium finance lender.
An Unexpected Turn
A year later, Mr. Smith’s health took an unfortunate turn for the worse. As the last few months of his life approached, his family members strongly suggested that he turn to the secondary market. Based on a consultation with his advisors and the analysts at Finance For Life, however, it was discovered that his policy was worth far more than the secondary market could offer. Upon his passing, his heirs netted $3.4 million.
Actual Numbers For Mr. Smith’s Case
Premium On The Policy: $650,000 per year
Total Loan amount: $1.6 million
Mr. Smith’s net death amount: $3.4 million
Total Out of pocket: $0
To recap:
The above case example illustrates the benefits of having an experienced premium finance broker assist in the funding of a policy. This example shows the valuable protection Finance For Life can broker for it’s clients. As shown in the case of The Smiths, Finance For Life is committed to offering the best in customer service that will be demonstrated both before and after the loan.
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 loans, including Hybrid premium financing and Non-recourse premium financing. 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, or Gershon Yarmush, Vice President of Operations at 877-763-0098. You may also email them at info@financeforlife.com.
Rapid expansion of Life Insurance Premium Finance industry enables organization to assist in financing record number of policies
When asked what motivates Finance For Life to do more than continue to grow in 2008 and surpass its 2007 revenue, Gershon Yarmush, VP of Operations, comments without hesitation: “Our motivation is to continue helping our clients and agents profit from innovative life insurance premium financing opportunities.”
Real Cases: Finance For Life Brokers 5 Million Dollar Benefit to Protect Estate of Grieving Family (The following scenario happened to an actual FFL client.)
Case Example: The Smith Family
A member of the Smith family decided to speak with someone regarding the benefits and protection that a premium finance loan could offer. Mr. Smith, the patriarch of the family, was a healthy, active 88 year-old man. Mr. Smith’s main concern was to protect his hard-earned $8 million net worth. To address this need, his insurance agent recommended a $5 million life insurance policy from an A++ rated national insurer.
Mr. Smith soon found himself in a dilemma: He needed the valuable protection that an A++ life insurance policy could offer. Due to his cash flow needs at the time, he found it difficult to write the large premium check the insurer demanded. Mr. Smith found himself in a desperate need for a solution.
The Solution:
His agent, Mr. McNulty, wanted to assist his client to find a solution to this challenging situation. The agent decided to call his representative at Finance For Life to inquire about the available options.
The Result
Finance For Life was able to broker coverage of a safe and secure 30 month loan with a large and reputable premium finance lender.
An Unexpected Turn
A year later, Mr. Smith’s health took an unfortunate turn for the worse. As the last few months of his life approached, his family members strongly suggested that he turn to the secondary market. Based on a consultation with his advisors and the analysts at Finance For Life, however, it was discovered that his policy was worth far more than the secondary market could offer. Upon his passing, his heirs netted $3.4 million.
Actual Numbers For Mr. Smith’s Case
Premium On The Policy: $650,000 per year
Total Loan amount: $1.6 million
Mr. Smith’s net death amount: $3.4 million
Total Out of pocket: $0
To recap:
The above case example illustrates the benefits of having an experienced premium finance broker assist in the funding of a policy. This example shows the valuable protection Finance For Life can broker for it’s clients. As shown in the case of The Smiths, Finance For Life is committed to offering the best in customer service that will be demonstrated both before and after the loan.
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 loans, including Hybrid premium financing and Non-recourse premium financing. 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, or Gershon Yarmush, Vice President of Operations at 877-763-0098. You may also email them at info@financeforlife.com.
Tuesday, January 29, 2008
Finance For Life: Meet our Staff
Finance For Life prides itself on personal service for it's clients. In an attempt to bring this personal service even closer to our clients, we would like to share their employee profiles. Our first introduction is Ronnie Katz, President of Finance For Life.
Ronnie Katz, President of Finance For Life
Mr. Katz began his career in public accounting. He spent 24 years as a partner in the CPA Firm, Katz & Co., CPA’s and has experience in the following areas of tax, accounting, auditing and business and personal advisory service. He is a licensed life insurance agent and has decades of experience counseling agents and clients in the affluent senior market. His years as a personal producer and entrepreneur have helped him create customer focused companies that aid and assist consumers with a maximum of efficiency and profitability. He is a member of the American Institute of Certified Public Accountants, The Tennessee Society of Certified Public Accountants, the Memphis Estate Planning Council, The National Ethics Bureau, and serves on the boards of several charitable institutions. He is the President and Founder of Finance For Life, a broker of specialty premium finance loans.
The staff and representatives of Finance For Life are comprised of a group of professionals with decades of experience in premium financing. Our representatives are well trained and qualified to provide you with exceptional service and to answer all of your questions. The dedicated staff at Finance For Life is committed to working hard for you and your clients. We look forward to the opportunity to work with you in the near future.
For more information please contact Mr. Katz direct:
Phone: 877.763.0098 or
Email: info@financeforlife.com
Ronnie Katz, President of Finance For Life
Mr. Katz began his career in public accounting. He spent 24 years as a partner in the CPA Firm, Katz & Co., CPA’s and has experience in the following areas of tax, accounting, auditing and business and personal advisory service. He is a licensed life insurance agent and has decades of experience counseling agents and clients in the affluent senior market. His years as a personal producer and entrepreneur have helped him create customer focused companies that aid and assist consumers with a maximum of efficiency and profitability. He is a member of the American Institute of Certified Public Accountants, The Tennessee Society of Certified Public Accountants, the Memphis Estate Planning Council, The National Ethics Bureau, and serves on the boards of several charitable institutions. He is the President and Founder of Finance For Life, a broker of specialty premium finance loans.
The staff and representatives of Finance For Life are comprised of a group of professionals with decades of experience in premium financing. Our representatives are well trained and qualified to provide you with exceptional service and to answer all of your questions. The dedicated staff at Finance For Life is committed to working hard for you and your clients. We look forward to the opportunity to work with you in the near future.
For more information please contact Mr. Katz direct:
Phone: 877.763.0098 or
Email: info@financeforlife.com
Wednesday, January 23, 2008
Finance For Life: Answers To Your Premium Financing Questions
Q: Why would I want to have my premiums financed?
A: One should consider premium financing for the following reasons:
A: One should consider premium financing for the following reasons:
- It will allow you to obtain a significant amount of life insurance with little or no out of pocket expenses
- It will allow you to hold on to your investments and help avoid liquidating them to pay the premiums
- It can help you avoid expensive estate tax and leave more money to your family
Q: Can anyone qualify for premium financing?
Premium financing is not for everyone. Those who qualify must pass specific guidelines including: age, health, and financial restrictions.
About Finance For Life
Founded in 2004 by Ronnie Katz, CPA, Finance For Life was created to eliminate confusion and red tape regarding premium financing, with a special emphasis on customer service. FFL has created a place where customers can take care of their insurance financing under one roof with confidence and peace of mind. Clients and their advisers need partners to help them handle the structured financing aspects of their life insurance planning cases. Finance For Life steps in to find the lowest risk financing for life coverage.More more information please contact us:
877-588-5558Email: info@financeforlife.com
Tuesday, January 22, 2008
New Premium Financing Plans From FFL
Finance For Life Will Soon Announce New, Innovative Life Insurance Premium Financing Plan
Memphis, TN January 22, 2008 – Finance For Life, a leader in the premium financing industry will soon announce its latest program.
Stay tuned for upcoming news releases and updates or visit our web site at www.financeforlife.com in the next few weeks.
About Finance For Life
Founded in 2004 by Ronnie Katz, CPA, Finance For Life was created to eliminate confusion and red tape regarding premium financing, with a special emphasis on customer service. FFL has created a place where customers can take care of their insurance financing under one roof with confidence and peace of mind. Clients and their advisers need partners to help them handle the structured financing aspects of their life insurance planning cases. Finance For Life steps in to find the lowest risk financing for life coverage.
More more information please contact us:
Phone: 877-588-5558
Email: info@financeforlife.com
Memphis, TN January 22, 2008 – Finance For Life, a leader in the premium financing industry will soon announce its latest program.
Stay tuned for upcoming news releases and updates or visit our web site at www.financeforlife.com in the next few weeks.
About Finance For Life
Founded in 2004 by Ronnie Katz, CPA, Finance For Life was created to eliminate confusion and red tape regarding premium financing, with a special emphasis on customer service. FFL has created a place where customers can take care of their insurance financing under one roof with confidence and peace of mind. Clients and their advisers need partners to help them handle the structured financing aspects of their life insurance planning cases. Finance For Life steps in to find the lowest risk financing for life coverage.
More more information please contact us:
Phone: 877-588-5558
Email: info@financeforlife.com
Thursday, January 17, 2008
Finance For Life Answers Your Questions
Finance For Life: Leader In Life Insurance Premuim Financing Answers Your Questions
I am a senior (72 years old) and in need of premium financing. Please tell me what Finance For Life Provides?
Finance For Life Provides the following for qualifying seniors:
I am a senior (72 years old) and in need of premium financing. Please tell me what Finance For Life Provides?
Finance For Life Provides the following for qualifying seniors:
- Complete case flow management
- Assistance in educating you and your clients
- Ordering of all necessary secondary actuarial assessments
- All complex illustration processing done in-house by our analysts
- Access and case submission to the best and most creative lenders/structured financiers in the industry
- Case tracking, assignment and analysis; a dedicated case manger is assigned to each agent
- Weekly status reports and quick processing
How can I qualify?
A qualifying client profile for senior premium financing includes:
- A client with a sound financial need for coverage
- An understanding of the benefits of using OPM (other peoples money)
- A large illiquid asset base
- An understanding that interest out of pocket and/or collateral will be required
- An understanding that such requirements will be kept to an absolute minimum, and be leveraged in such a way as to purchase the maximum amount of coverage, often more than could be obtained should the entire premium be paid out of pocket
For more information on Finance For Life or to submit your case online please visit our web site at http://www.financeforlife.com/ or email cases@financeforlife.com
Thursday, December 27, 2007
Premium Financing-How Can I Benefit?
Q: Premium Financing-How Can I Benefit?
A: Finance For Life, a leader in premium financing wants to show you how
Finance For Life's primary tool is premium financing. This leader in the industry believes in sound, thought out UL coverage for their clients, with total policy control and insurable interest at its foundations. Using premium financing, an individual or corporation can leverage the value in assets they may have performing other tasks, such as portfolios of real estate, art, or securities, without having to liquidate them. Using OPM (other people’s money) is the most valuable technique available to the life marketplace, and you can use their expertise to help your clients unlock it. In some cases a client may qualify for a large face policy without the posting of any collateral against the premium loan, by paying out of pocket interest payments.
The goal of Finance For Life has always been to broker life insurance premium financing and offer the absolute finest in customer service and relations. The staff includes professionals with decades of experience in insurance and financial markets. The dedicated staff of case managers, closing managers and analysts takes a personal concern for each client’s needs. Each also has a high level of expertise in the mechanics of structured life financing. Finance For Life takes great pride in employing research and relationship experts who constantly search the marketplace for the best and most proven methods for lowering the total cost of purchasing life insurance.
For further assistance or if you need more information regarding premium financing contact Ronnie Katz, CPA & President at 877-763-0098
or email RKatz@FinanceForLife.com or visit their web site at http://www.financeforlife.com/.
A: Finance For Life, a leader in premium financing wants to show you how
Finance For Life's primary tool is premium financing. This leader in the industry believes in sound, thought out UL coverage for their clients, with total policy control and insurable interest at its foundations. Using premium financing, an individual or corporation can leverage the value in assets they may have performing other tasks, such as portfolios of real estate, art, or securities, without having to liquidate them. Using OPM (other people’s money) is the most valuable technique available to the life marketplace, and you can use their expertise to help your clients unlock it. In some cases a client may qualify for a large face policy without the posting of any collateral against the premium loan, by paying out of pocket interest payments.
The goal of Finance For Life has always been to broker life insurance premium financing and offer the absolute finest in customer service and relations. The staff includes professionals with decades of experience in insurance and financial markets. The dedicated staff of case managers, closing managers and analysts takes a personal concern for each client’s needs. Each also has a high level of expertise in the mechanics of structured life financing. Finance For Life takes great pride in employing research and relationship experts who constantly search the marketplace for the best and most proven methods for lowering the total cost of purchasing life insurance.
For further assistance or if you need more information regarding premium financing contact Ronnie Katz, CPA & President at 877-763-0098
or email RKatz@FinanceForLife.com or visit their web site at http://www.financeforlife.com/.
Wednesday, December 26, 2007
Premium Financing Defined
Just what is Premium Financing?
Premium Financing involves the lending of funds to a person to cover the cost of an insurance Premium. These loans are generally provided by third party finance entity known as a Premium Financing Company.
Finance For Life, a leader in the premium finance industry, has been assisting clients since 2004.
The goal of the firm is to provide affordable, leveraged life insurance coverage, using creative strategies to maximize death benefit and minimize client out of pocket.
For more information please contact Ronnie Katz, CPA and President for Finance For Life at 877-763-0098/RKATZ@FinanceForLife.com or visiting their web site at http://www.financeforlife.com/
Premium Financing involves the lending of funds to a person to cover the cost of an insurance Premium. These loans are generally provided by third party finance entity known as a Premium Financing Company.
Finance For Life, a leader in the premium finance industry, has been assisting clients since 2004.
The goal of the firm is to provide affordable, leveraged life insurance coverage, using creative strategies to maximize death benefit and minimize client out of pocket.
For more information please contact Ronnie Katz, CPA and President for Finance For Life at 877-763-0098/RKATZ@FinanceForLife.com or visiting their web site at http://www.financeforlife.com/
Wednesday, December 05, 2007
Finance For Life Reports Record Growth
FOR IMMEDIATE RELEASE
Finance For Life, Premium Finance Industry Leader, Reports Record Growth
Rapid expansion of Life Insurance Premium Finance Industry enablesorganization to assist in financing record number of policies
President and VP discuss reasons for growth and looking ahead
Memphis, TN, November 15 2007 – Finance For Life, one of the nations most experienced and fastest growing premium finance brokerage companies, today announced it’s recent financial results. FFL has brokered loans for nearly $325 million in new life insurance policies in 2007 and expects these figures to increase in 2008 to over $400 million. In 2008 FFL hopes to have surpassed the $1 billion mark in total face financed.
“We are quite pleased with these results because they demonstrate the strength and integrity this company has stood for since its inception. Our agents, producers, and general agencies turn to us because they know we can deliver product efficiently,” says Ronnie Katz, CPA, President of Finance For Life.
“We are proud of our growth and will strive to continue our expansion to accommodate more clients in search of our services,” adds Mr. Katz.
Founded in 2004 by Mr. Katz, Finance For Life has grown exponentially in its three years of business. Why the steady increase and company success?
“Service, great commission structure and a willingness to fight for the difficult cases, keeps our agents coming back for more. When they see how we handle their large cases they also send us great referrals,” comments Mr. Gershon Yarmush, Vice President of Operations for Finance For Life. “Our clients also appreciate the “one stop shop” convenience we offer. They know that we have the volume to command the attentions of the industries strongest and carrier approved lenders.”
“We are committed to educating our agents about the right way to do premium financing,” continues Mr. Yarmush. “Building relationships is key, and our agents know we will be supplying them with premium finance lenders for a long time.”
Finance For Life - One Call, One Stop For Premium Financing
Founded in 2004 by Ronnie Katz, CPA, Finance For Life was created to eliminate confusion and red tape regarding premium financing. As an experienced CPA and life insurance agent, he is regularly consulted on complex insurance cases. FFL has created a place where agents can bring their large face insurance cases under one roof with confidence and peace of mind.
Finance For Life - Aiming High and Setting The Bar for 2008 And Beyond
The goal of Finance For Life has always been to broker life insurance premium financing and offer the absolute finest in customer service and relations. The staff includes professionals with decades of experience in insurance and financial markets. The dedicated staff of case managers, closing managers and analysts takes a personal concern for each client’s needs. Each also has a high level of expertise in the mechanics of structured life financing. Finance For Life takes great pride in employing research and relationship experts who constantly search the marketplace for the best and most proven methods for lowering the total cost of purchasing life insurance.
“Bottom line-our staff, in my opinion, is the best there is,” says Mr. Yarmush. “We employ the most experienced, dedicated, and hard working employees in our industry. We’re very proud of that. It is this dedicated group of people that will help us continue to grow for many years to come.”
To receive more information about Finance For Life please contact Ronnie Katz, Company President or Gershon Yarmush, Vice President of Operations at 877-763-0098 or www.FinanceForLife.com.
###
Finance For Life, Premium Finance Industry Leader, Reports Record Growth
Rapid expansion of Life Insurance Premium Finance Industry enablesorganization to assist in financing record number of policies
President and VP discuss reasons for growth and looking ahead
Memphis, TN, November 15 2007 – Finance For Life, one of the nations most experienced and fastest growing premium finance brokerage companies, today announced it’s recent financial results. FFL has brokered loans for nearly $325 million in new life insurance policies in 2007 and expects these figures to increase in 2008 to over $400 million. In 2008 FFL hopes to have surpassed the $1 billion mark in total face financed.
“We are quite pleased with these results because they demonstrate the strength and integrity this company has stood for since its inception. Our agents, producers, and general agencies turn to us because they know we can deliver product efficiently,” says Ronnie Katz, CPA, President of Finance For Life.
“We are proud of our growth and will strive to continue our expansion to accommodate more clients in search of our services,” adds Mr. Katz.
Founded in 2004 by Mr. Katz, Finance For Life has grown exponentially in its three years of business. Why the steady increase and company success?
“Service, great commission structure and a willingness to fight for the difficult cases, keeps our agents coming back for more. When they see how we handle their large cases they also send us great referrals,” comments Mr. Gershon Yarmush, Vice President of Operations for Finance For Life. “Our clients also appreciate the “one stop shop” convenience we offer. They know that we have the volume to command the attentions of the industries strongest and carrier approved lenders.”
“We are committed to educating our agents about the right way to do premium financing,” continues Mr. Yarmush. “Building relationships is key, and our agents know we will be supplying them with premium finance lenders for a long time.”
Finance For Life - One Call, One Stop For Premium Financing
Founded in 2004 by Ronnie Katz, CPA, Finance For Life was created to eliminate confusion and red tape regarding premium financing. As an experienced CPA and life insurance agent, he is regularly consulted on complex insurance cases. FFL has created a place where agents can bring their large face insurance cases under one roof with confidence and peace of mind.
Finance For Life - Aiming High and Setting The Bar for 2008 And Beyond
The goal of Finance For Life has always been to broker life insurance premium financing and offer the absolute finest in customer service and relations. The staff includes professionals with decades of experience in insurance and financial markets. The dedicated staff of case managers, closing managers and analysts takes a personal concern for each client’s needs. Each also has a high level of expertise in the mechanics of structured life financing. Finance For Life takes great pride in employing research and relationship experts who constantly search the marketplace for the best and most proven methods for lowering the total cost of purchasing life insurance.
“Bottom line-our staff, in my opinion, is the best there is,” says Mr. Yarmush. “We employ the most experienced, dedicated, and hard working employees in our industry. We’re very proud of that. It is this dedicated group of people that will help us continue to grow for many years to come.”
To receive more information about Finance For Life please contact Ronnie Katz, Company President or Gershon Yarmush, Vice President of Operations at 877-763-0098 or www.FinanceForLife.com.
###
Thursday, February 24, 2005
Finance For Life - Life Insurance Premium Financing
Finance For Life 
877.763.0098
Life Insurance Agents - We have a great life insurance premium loans for clients of all ages - call us today!
Call Us Today.
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