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Life Insurance
- Non-Recourse Life Insurance
- Basics - Benefits - FAQ - Requirements - Where to Get - Other Life Insurance Types - Term Life Insurance - Variable Life Insurance - Universal Life Insurance - Whole Life Insurance Useful Resources
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Non-Recourse Life Insurance BenefitsThe benefits of a non-recourse premium financed life insurance is that it requires very little, if any, out-of-pocket expense. The policy is almost a win-win for both the insured and the bank. Only the insurance company loses out when the insured dies. The bank or lender earns interest while the insured is able to benefit from the value of the life insurance policy. |