NONE. The premium is financed by a bank or private lender.
The premium finance loan is for 10 years and will shown in the loan illustration from the bank.
Cash is King. If the cash is used to finance the Consortium's projects, it will earn a minimum of 10% per annum. It is secured by the cash and cash value of the Consortium.
NO. We will only use the asset for insurable interest purposes for the large life insurance policy. We will use the idle asset as a collateral only with the written request and permission of the member/owner of the idle asset.
The member's choice of beneficiary.
YES - If the idle asset is used as a collateral to borrow funds.
NO - If the idle asset is not used as a collateral to borrow funds.
Premium financing is a guarded secret by millionaires. This is the reason why they can play golf from Monday-Friday while we are working. Of course it is. Google it.
Yes. The program generates so much cash flow that the administrators capped the earnings of the monetized funds.