Florida Premium Finance

Here is a live Premium Finance Application. Most premium financing applications are from 4 – 10 pages. You can fill this out, or you can just view it to see what is required to be completed on an app. It is basic information and a HIPPA.

Download the .pdf file at Premium Finance Life

To speak with a premium finance specialist, call 1-888-973-8377.

Some helpful sites related to premium finance and life settlements:
Life Settlement Auctions
Premium Finance Companies
Creative Life Insurance

We have received a few emails and complaints about seniors and financial professionals have problems selling financed policies or obtaining financing or immediate offers for Florida issued life insurance policies.

To touch on this, financing for life insurance policies for seniors in the state of Florida is still readily available. Lending restrictions are a little tigher, however financing is available and trust documentation can be properly prepared to create an opportunity for Florida seniors.

On the other side, for premium financed policies that are for sale from Florida seniors it can be a little tougher. The major reason is that Florida is regulated state for life settlements, this means that funders that aren’t licensed in the state cannot purchase policies. Less funders/providers means that they will be cherry picking the best policies of the states. Not all providers will purchase policies that were premium financed.

The same goes with just issued policies or what some refer to as “wet paper”. Regulation issues restrict additional funds and aggressive purchasing entities to operate in the state of Florida. This will highly limit the amount of sources that are interested in these types of transactions.

To speak with a professional in Florida regarding premium financing or premium financed policies, please call 1-888-973-8377.

For licensing and regualtion info visit:
Life Settlement License
Life Settlement Info Blog