Life insurance isn't a luxury; it's a necessity. In fact, if you speak with the average American, more than 40 percent say they would feel the financial fallout within six months if the primary wage earner in the household were stricken ill or died prematurely, according to survey data compiled by research organization LIMRA.
Fortunately, there are a variety of life insurance companies out there that provide the benefits families need when life throws them a curve ball. However, there's only one company that enables both individuals and businesses to make the most of their life insurance dollars by putting borrowed funds to work: Global Financial Distributors. The following are a mere handful of the ways GFD can advance your financial planning goals:
Proven track record
"GFD is a long-time veteran in the wealth planning solutions industry."
GFD isn't a new entry to the life insurance scene. Together, with our sister companies, we have in excess of 175 years of insurance and banking knowledge, not to mention more than 15 years of hands-on experience structuring lending strategies. Our expertise has enabled physicians, practitioners, business owners, entrepreneurs and medium-to-high net worth individuals reach their financial aims. GFD processes literally hundreds of applications every year, showing no signs of letting up anytime soon.
Personal guaranties usually not required
Unlike other lenders, leveraged planning solutions offered by GFD don't require personal guaranties. In its place, we rely on collateral within the funded product, business assets and outside collateral on a case-by-case basis.
Rates highly competitive
From fixed to variable, floored to custom, a litany of rate options are available with GFD, all competitively priced. Additionally, no additional underwriting may be necessary for prime borrowers.
Two days to an opening offer
With far too many lenders, approval times can take three days or more. That's not the case with GFD. Generally speaking, the turnaround time for a rate offer is within 48 hours (business days).
No recurring trust or legal fees
The fine print can often make a good deal seem like a bad deal, as "nickel and diming" fees add up over time. With GFD, you don't have to worry about trust, maintenance, legal or annual origination fees to set up a leveraged planning strategy.
Broad range of loan serving options accepted
Looking for a flexibility when it comes to paying off your loan? Look no further than GFD. Whether you want to make the interest payments on a current or staggered basis, either works for us - and without refinance fees should you decide to switch.
Low minimum loan size available
Speaking of flexibility, you're never boxed into a predetermined loan size. They can range from a minimum of $50,000 in the first year to the sky's the limit, the amount of which is customized to suit your needs.
And that's just the beginning, as there are myriad other ways GFD can help furnish your wealth creation goals. Ready to get started? Speak with a GFD advisor and experience for yourself how we have raised the bar and set the standard in estate planning.