We provide loans to individuals and their families through their ILITs to buy new life insurance. The same type of service can also be provided to companies which want to hedge the risk connected to the potential loss of key managers or extend our loans as benefits to their managers and directors.
Our loans are non-recourse and do not require credit checks. We will fund loans for individuals who are in mature-ages or those who have sustained a critical medical condition and thus are more wary about possible unpredictable events. We also fund those policies which will be connected to the lives of young, healthy individuals.
We do not have a size limit, but maintain a minimum of one million dollars face value as the entry level per policy.