Potential markets and specialization - premium finance
let us be your partners for reinsurance solutions....
This website, its materials, contents and information are considered privileged and confidential, and belongs to Top Partners Reinsurance Brokers LLC. Any distribution, use, or copying of this website or the information it contains by other than an interested approved parties is prohibited.
As part of the insurance services provided by Topp Re, a secondary business strategy will be part of the business as usual activities of the LLC will be Premium Finance Schemes involving a Joint Venture with Premium Finance Group Miami.
Premium Finance is a structured financial product that blends: life insurance with a strong support at a reinsurance level, a bank loan and leverage suitable for sophisticated investors. This structure combines the best prices and yields available in the market, provided by recognized multinational financial institutions and insurance companies.
PFG leverages a bank loan of approx. 10 years at a low interest rate to finance the payments of premiums to pay for the life insurance policy. These premiums are then invested in an Index Account (S&P 500) with a Floor and a Cap among the must competitive financial collars in market. The leverage between the loan and the investment provides the guarantees required for the bank to lend the monies and the loan to be re-paid after approx. 10 years from the cash values of the policy. This structure makes the purchase of Jumbo Life Insurance Policies with face amounts over US$10mio, ideal.
The client only pays the interest on the loan over the loan period and puts up a collateral. This collateral is returned with interest once the loan is re-paid from the cash values of the policy in the 10th year. For more information contact us, we can find a sophisticated solution for "High Net Worth" individuals.