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Client Profile:

Likes Leverage
Wants to Minimize Premium Outlay

Problem:

Older age couple (ages 75 & 72) with a $10 million life insurance need. Client prefers to keep assets invested in his business versus paying large life insurance premiums. Client needs an efficient way to fund the needed life insurance.

Solution:

Premium financed life insurance significantly reduces the out-of-pocket outlay required by the client, as the client is responsible for paying the annual loan interest only (not the full premium). Life insurance premiums are paid via a loan from a third party (bank). The death benefit of the policy can be specially designed so that it increases by premiums paid, so at death, the loaned premiums are paid back to the bank and client’s heirs receive the $10 million death benefit.

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What's in a Name?

New year.  Big change.  For over a year now, we’ve been hard at work behind the scenes, undergoing a complete brand overhaul to refine our practice.  It has been like shaking a snow globe upside down, turning it right-side up, and watching the snowflakes swirl about.  Chaos at first, but then the snowflakes start to come together, and everything seems to fall in just the right place.

READ FULL UPDATE

 

News

Legislative Alert

On September 13, 2021, Chairman Richard Neal (D-MA) of the House Ways and Means...

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Quick Fact

We joined M in 2009 to provide our clients products priced exclusively for them.

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Copyright © 2022 HEIRMARK, LTD All Rights Reserved. Privacy

Disclaimer

HEIRMARK, LTD and its agents are presently licensed to sell traditional life insurance in the following states: AR, AZ, CA (#0G32030), CO, FL, GA, MN, MO, MT, OH, PA, TX and VT

NOTE: HEIRMARK, LTD Insurance services are limited to residents of the above listed states. Residents of other states should consult with a local agent for insurance service. Variable life and annuity products, as well as other securities products, may be sold in the following states: AR, AZ, CA (#0G32030), CO, FL, GA, MN, MO, MT, OH, PA and VT. Securities products are offered to residents of the above listed states. Residents of other states should consult with a local registered representative for securities products.

 

Securities and Investment advisory services offered through M Holdings Securities, Inc., a registered broker dealer, member FINRA/SIPC. HEIRMARK, LTD is independently owned and operated. HEIRMARK, LTD is a member of M Financial Group. Please go to mfin.com/DisclosureStatement for further details regarding this relationship.

For important information related to M Securities, refer to the M Securities’ Client Relationship
Summary (Form CRS) by navigating to https://mfin.com/m-securities.

Check the background of this Firm and/or investment professional on FINRA's BrokerCheck.

3410208.1


Heirmark®  Logo
  • Working with Heirmark
    • Overview
    • Our Philosophy
    • Underwriting Edge
    • Service Commitment
    • M Financial Group
    • Clients
    • Partnering With Us
  • Services
    • Overview
    • Business Planning
    • Personal Planning
    • Insurance Policy Audits
    • 20/20 Insurance Reviews
    • Life Settlements
  • Strategies
    • Overview
    • Personal
    • Business
  • About Us
    • Overview
    • Process
    • Our Team
  • News
  • Contact Us
  • Twitter
  • LinkedIn
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