Virtue Advisors is extremely proud and excited to announce the launch of our newest division, specializing in Premium Financing. Our company is the only IMO in the entire country that has access to extraordinary financial solutions for your clients, because of our strategic relationships with some of the top insurance carriers and banks in the world.

Premium Financing has been available for over 50 years, but was primarily used for the ultra-wealthy as a way to pay estate taxes with no money out-of-pocket. Example: $100 million estate x 40% = $40 million due at death to pay federal estate taxes. (Current Federal Estate Tax exemption not included.)

Today, we call it “Structured Premium Financing”, because we’re able to use the same chassis for paying estate taxes with little to no money out-of-pocket, and use it for other financial needs, such as: Key Person Policies, Buy/Sell Agreements, Debt Reduction, Annual Contributions to non-profit organizations, churches or universities with little to no money out-of-pocket for the donor, Tax-Free Income Replacement, as well as Employee Retention for companies, corporations and universities who want to recruit and retain the BEST people in their industry.

What makes our Premium Financed Policies, using Indexed Universal Life, so attractive and unique? As mentioned earlier, our company is the only IMO in the entire country that has access to extraordinary financial solutions for your clients, because of our strategic relationships with some of the top insurance carriers and banks in the world.

 AN EXTRAORDINARY FINANCIAL STRATEGY FROM VIRTUE ADVISORS

www.virtuepremiumfinancing.com | 866-907-4275

Premium Financing is a strategy whereby a qualified borrower accesses third-party financing to pay for large life insurance premiums. The insurance companies have constructed specific products for these financed plans to minimize outside collateral needs and maximize returns. This allows individuals and businesses to leverage current assets, maximizing returns via a predetermined cash flow.

Every premium financing strategy is custom-made for each client, with every strategy following a similar path:

1. The process begins by determining insurance coverage needs and financial suitability.

2. A preliminary case design is developed and discussed.

3. Many variations of the design are run until the ideal plan is picked by the client.

4. Formal insurance carrier underwriting and bank financing applications begin.

5. The policy is issued by the insurance carrier. The financing bank requires the owner of the policy

     be an Irrevocable Life Insurance Trust (ILIT), or an LLC.

6. The client provides collateral to the bank in the years when the loan balance is above the cash value

     inside the policy (usually 8-12 years if insured is under age 60). The shortfall collateral consists of

     cash and cash equivalents.

7. When approved the bank wires the premium payment(s) to the life insurance company.

8. Annual reviews should be conducted to evaluate insurance policy performance and ensure

    successful renewals.

9. Once the policy generates cash value above the loan balance the owner can request tax-free loans

    based on the excess cash value inside the policy beyond the loan balance.

With Virtue Premium Financing, the financial advantages are easy to see and explain to your valued clients.

With all of these potential benefits, premium financing could be a valuable addition to your client's future business and financial needs. If you’re looking to offer something truly unique and special to qualified clients, business owners, corporations, non-profit organizations, universities and professional people that you know of, contact us to learn more.

 AN EXTRAORDINARY FINANCIAL STRATEGY FROM VIRTUE ADVISORS

www.virtuepremiumfinancing.com | 866-907-4275

 AN EXTRAORDINARY FINANCIAL STRATEGY FROM VIRTUE ADVISORS

www.virtuepremiumfinancing.com | 866-907-4275