The events of the past several years have created a vacuum of certainty. Once solid financial strategies have given way to volatile markets, non-predictive external forces, and shifting political winds that threaten financial stability around the world. Now, more than ever, the fiduciary responsibility of advisors for their clients comes into focus as investors seek to protect their assets from degradation and secure their gains for future generations.
Wealthy families seek refuge in a storm and desire to preserve their legacy without sacrificing liquidity. While life insurance has long been a safe harbor for generational liquid assets, ultra-high net worth families require policies that demand large premiums. These premiums threaten to sap working capital, diminishing the immediate value of their offering for the promise of long-term financial stability for their families. Premium financed life insurance aims to alleviate this out-sized stress on liquidity and secure safe passage through uncertain financial headwinds.
Premium Financed Life Insurance as Part of a Holistic Financial Strategy
For investors today, external forces such as inflation, market volatility, and now the war in Europe threaten every stable metric outside of gold and silver. Life insurance has become one of the most important aspects of a well-rounded financial strategy. As part of a holistic financial legacy plan, a well-crafted life insurance policy can be the difference between a family selling assets or growing liquidity.
For ultra-high net worth individuals, life insurance as a financial planning tool has found its rightful place in their portfolio. It is true that premium payments for large life insurance policies come at a great cost to overall liquidity. In order to offset this loss in access to capital, premium financed life insurance stands alone as a preferred method for planners to offer their clients the legacy benefits of a robust life insurance policy without the immediate out-of-pocket costs associated with large premiums.
IPF Mass is Committed to Helping Preserve Client Liquidity
At IPF Mass, we have decades of experience placing large and complex cases in order to help advisors best serve the needs of their high net worth clients. We specialize and actualize all steps in the process of premium financed life insurance beginning with a comprehensive understanding of the client’s needs and financial goals.
Step by step, we help advisors navigate through the financing process with minimal impact on the client’s time and resources. We work with a talented team of fiduciary-minded professionals to create solutions that work while servicing claims and maintaining integrity and performance from end to end.
For more information contact us at 877-281-1311 or visit our website at ipfmass.com.