Investment Linked Life Program (ILP)
What is it?
A Private Placement Life Insurance policy that combines both investment and life protection.
A low-cost life insurance policy that grows with the policy investment.
Offers an investment linked policy where life is cover is always $250k USD more than the policy’s cash value (policy investment).
Additionally, the policy provides premium financing internally (embedded inside the policy investment).
Applications for Investment Linked Life Program:
-
An alternative savings/investment plan with premium financing for individuals and corporations
What makes this product better:
-
There is no need to open a bank account to receive financing as it is automatically given on purchase
-
There are no interest payments to be made on the financing
-
No margin call on the financing arrangement
-
The policy and the financing investment has provisions for immediate liquidity
-
The policy account is managed by an asset manager with 128 billion USD under management.
-
The policy is financed by an S&P A-Rated Investment bank
-
Withdrawals and loans can be facilitated through the policy
-
There is no need to undertake a medical examination to purchase the policy
