Welcome to WealthPRIME Insurance Strategies.
Are you interested in funding a Leveraged Life Insurance Policy, and want to know what’s next? The estimated time to fund a new Leveraged Life Insurance Policy is 1 to 2 months.
Path to Leveraged Life Insurance
Your WealthPRIME Advisor will create a customized life insurance illustration with your desired income and policy amount at retirement.
Your WealthPRIME Advisor will help complete the necessary applications for each of the Life Insurance carriers.
The Life Insurance carrier will send a nursing professional or direct you to a medical lab for a blood test and an EKG.
Your WealthPRIME Advisor will negotiate the loan deal with a lending bank Loan Officer.
A loan package will be sent to your WealthPRIME Advisor for approval.
Bank Loan Document
Your WealthPRIME Advisor will send the final life insurance illustration to the lending bank to be drafted in their loan document template.
Review & Sign
You will be asked to review and sign the final loan documents.
Fund Your Policy
You will be provided with instructions from WealthPRIME on how to fund your new Leveraged Life Insurance policy.
Final Policy Agreement
Your WealthPRIME Advisor will provide the final policy agreement for delivery signatures.