Unlock your hidden asset. Life insurance plays a key role in the estate planning and investment process. It is an effective means to help preserve wealth as well as grows assets. With the growing costs of premiums, self funding can be unaffordable. Conversely there are alternatives to using your own funds or other typical financing arrangements. Premium financing is a method of funding to purchase a life insurance policy for individuals with excess insurability; which either do not have or want to use their own liquid capital to pay for the premiums of a life insurance policy. Metropolitan Advisory Group, LLC, (“MAG”) can procure financing for at least the first 2 years of premiums, without any out-of-pocket costs to the Insured. MAG can facilitate financing by working with our 15 strategic partners in the industry. By allowing the companies we work directly with to fund your life insurance policy, you will secure the full benefits of a life insurance policy while not using any of your own capital.

Example of Premium Finance Case:
        
Metropolitan Advisory Group finds a Financier to lend the cost to finance a $5 million life insurance policy on a Male, Age 78, in the approximate amount of $425,000, for the cost of the first 2 years of premiums and interest on the loan. If the insured elects to sell his policy in 2 years, they may achieve a settlement of $740,000, therefore generating a profit of approximately $265,000 to either him, his family or his preferred charity.

Why Premium Financing?    

Premium Financed Life Insurance is an alternative you may wish to consider if you want to buy life insurance and:

•    You do not wish to use you own funds to cover the cost of the life insurance premiums; and
•    You wish to purchase more life insurance than your current financial situation will allow (e.g. cash is tied up in other investments)

Premium Financing can provide an effective means to improve the lives of loved ones or even your own standard of living, with no out-of-pocket expenses.  Additionally, Premium Financed policies that are sold to a Life Settlement Buyer (e.g. Berkshire Hathaway, Goldman Sachs, and Credit Suisse), can apply the proceeds to fund charitable donations, tax free; as all proceeds turned by the potential sale of the life insurance policy can be donated to any charity or organization of your choice.  Premium Financing allows you to give the large donation to your University or preferred charity that you otherwise wouldn’t have necessarily been able to afford. This hidden asset gives you the ability to donate to various charities, or improve the lives of your loved ones, without using your own capital.

Who are we?

Metropolitan Advisory Group LLC. , is an insurance advisory company which works directly with the Insured, to explain the Premium Financing process from the purchase of the policy, to the procurement of the funding, to the eventual sale of their policy; all done by a dedicated group of experts in the field of Premium Financing. By pursuing Premium Financing through our firm, all of your needs are taken care of and the stress of having to find various lenders and brokers to get you a Premium Financed policy is non-existent.

Jonathan Mittman
Metropolitan Advisory Group, LLC
630 Fifth Avenue, Suite 2000
New York, NY 10111
Phone: 212-332-7596
Mobile: 201-923-5170
Fax: 646-607-9822
jmittman@metropolitanag.com

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