While banks and other large financial institutions have offered traditional premium life insurance financing for years, these programs typically generate low returns relative to their high fees, making them an unpopular choice among high-value clients. Louis John Stanzione at Fairfield Green Enterprises, a certified senior advisor in Summit, NJ, offers premium secured financing, an innovative product that overcomes the disadvantages of the traditional model while offering a broad spectrum of additional benefits.

Here are just a few of the reasons high-value individuals seeking an appropriate life insurance solution should take advantage of premium secured financing:

• No Out-Of-Pocket Costs: This unique model allows you to purchase large-value insurance policies from participating banks, typically raising all the money required in the first year. All that's required of the client is a high credit score and cash collateral, which is normally returned within the first few years.
• Increased Estate Value: If your estate is worth at least $5 million, you have the opportunity to purchase a policy worth at least ten times that amount, significantly increasing the value of your estate for your descendants.
• Increased Profits: The combination of short-term funding with low cost and the high value of the policies creates a large profit potential for corporations purchasing policies for their employees.
• Higher Benefits: Businesses using premium life for their employees can offer policies ranging from $100,000 to $5 million.

Visit Louis John Stanzione at Fairfield Green Enterprises online to learn more about this innovative life insurance program, or call (908) 277-2603 to make an appointment for private wealth advisement.