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Insurative Premium Finance Massachusetts, Inc. (“IPFM”) is continually developing life insurance premium financing options to assist your practice and provide clients competitive and innovative lending options. As one of the most experienced lenders in the industry IPFM has a proven track record of adapting to changing industry dynamics and market needs. Our latest loan option reflects the feedback of financial services professionals and valued clients.
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• 100% release rate for lender acceptable policy cash surrender value ◊
• Lower overall collateral requirements ◊◊
• LIBOR plus Prime rate based interest rates
• Interest rate floors on first year loans above $1MM
• Tiered interest rate schedule based on first year loan amount
• Expanded capabilities as to the type and location of the borrower
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◊ Minimum life insurance company financial credit rating of S&P A-
◊◊ Set on a case-by-case basis
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1. Cash surrender value of life insurance policies, IPFM approved applicability and other minimum requirements must be met .
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2. Cash surrender value of annuities, IPFM approved applicability and other minimum requirements must be met.
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3. Cash and cash equivalents (Certificate of Deposits, time deposits, money markets, etc.) requires account analysis and IPFM acceptable form of control agreement or custody agreement.
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4. Marketable securities including mutual funds, individual equities, fixed income securities, other registered products requires account analysis and IPFM acceptable form of control agreement or custody agreement.
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5. Standby Letter of Credit, IPFM approved applicability and other minimum requirements must be met.
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6. Restricted or Controlled Stock, IPFM approved applicability and other minimum requirements must be met.
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7. Accounts Receivable and Inventory, special restrictions will apply and other minimum requirements must be met.
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8. Limited commercial real estate, special restrictions will apply including, but not limited to: location, current appraisal, existing debt and title.
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Contact us today to learn more and how we can
support all your life insurance premium finance cases!
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This information is for the exclusive use of professional financial advisors. It is not approved for promotional purposes and should not be distributed to or relied upon by private clients. All information is subject to change and may be altered by IPFM at any time. Only IPFM Originators are permitted to present IPFM information to retail clients and solicit life insurance sales that may utilize IPFM as a funding mechanism. IPFM proposals are generated upon request directly from IPFM. All requests must be accompanied by a compliant sales illustration and the soliciting agent must hold the proper licenses, authorizations and applicable appointments prior to solicitation.
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This document does not constitute an offer or a solicitation of any offer to make a loan by Insurative Premium Finance Massachusetts, Inc. ("IPFM"). In addition, this document may contain statements that are subject to known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievement expressed or implied by this document and any related IPFM loan documents including but not limited to any loan summaries, briefs, guides, overviews, proposals, illustrations and summary of terms as some of these factors therein are difficult to predict accurately and are generally beyond IPFM's control. You should consider all the areas of risk described in connection with any of the statements contained herein or in any other related loan documents and readers are cautioned not to place reliance on this document or any related loan document and the reader agrees to hold IPFM harmless for reliance therefrom, readers should carefully review this document in its entirety, including but not limited to, the risk factors and limitations described in this document and other related loan documents therein.
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Some restrictions apply. None of the information or descriptions described herein are an offer, indication of interest or commitment to lend and in the event Insurative Premium Finance Massachusetts, Inc. underwrites a loan , the actual terms and conditions of the loan may change or be modified by IPFM at its sole discretion and without notice. None of the products or services described herein are an offer to lend, indication of interest, a commitment or a binding obligation to any party. IPFM makes no representation or warranty as to the extension of credit now or in the future to any particular customer. All descriptions and representations contained herein assume the customer is in compliance with all terms and conditions contained within the loan application and loan documentation entered into between the customer and IPFM. Potential customers may or may not be offered products or services that are described or referenced herein as determined by IPFM in its sole discretion. Lending terms are only offered to qualified customers.
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Insurative Premium Finance Massachusetts, Inc.
c/o Insurative Risk Solutions US, Inc.
500 W. Putnam Ave, Suite 400
Greenwich, CT 06830
888.300.0107
info@insurativeus.com
www.ipfmass.com
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All rights reserved. ©2015
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