Life Insurance

Useful Resources

Non-Recourse Life Insurance Benefits

The 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.