Chicago Slider

Services - Premium Financed Life Insurance


Simply put, Premium Financing is a strategy that borrows the required premiums to purchase a large life insurance policy. Premium Financed Life Insurance has been around for decades and has enabled high net worth clients to purchase the life insurance they need to cover estate taxes and provide sufficient estate liquidity without forcing them to liquidate assets to pay for the policy. Premium financing leverages one’s current estate to secure the life insurance they need with minimal out-of-pocket costs.

WPN360 feaured image

If you are considering premium financed life insurance as a part of your overall estate planning and wealth transfer  plans, there are several potential benefits. A well-structured premium financed life insurance policy:

  • Creates a permanent life insurance policy held outside of the estate
  • Maximizes the death benefit with minimal client cash outlay
  • Provides the necessary estate liquidity to cover estate taxes for high net worth individuals
  • Retains client assets in their current investments
  • Avoids reducing lifetime gift exemptions to purchase insurance


Wealth Planning Network is Chicago’s Premium Financing and Life Insurance Experts. We have extensive experience helping high net worth clients create and implement wealth transfer strategies that minimize risk and maximize their estate. As with any wealth transfer or estate planning strategy, it is important to work with an expert that specializes in designing and implementing these policies. Wealth Planning Network has the expertise, experience, and professional resources to properly implement this type of estate planning strategy. We work with the nation’s premier lenders and insurance companies to ensure that our clients receive the most competitive insurance policy, and the best lending rates.


Additional Information

How Trust-Owned Life Insurance Can Be Used Effectively In Your Estate Plan

Aug 28

Read More

Avoid Gifting Large Premiums To Your Life Insurance Trust

Jul 24

Read More

Have You Considered Buying Life Insurance?

Apr 11

Read More

Business Succession Planning: What You Need To Know

Jul 28

Read More

Considering a Spousal Limited Access Trust?

Jun 23

Read More

What is Premium Financing and How Can it Benefit You?

Jun 09

Read More


wpn360 award
wpn360 award
wpn360 award
wpn360 award
wpn360 award