Premium Finance Funds drying up?
May 31st, 2009It looks like across the board more and more premium financed life insurance cases are not getting funded. When credit market was plentiful policies were be funded within 30-60 days, we have now seen that even the cases that fit the perfect parameters are not getting funded.
We recommend that you continue to be patient as we hope more funds will come available as the market stabilizes. We have also seen a growth regarding hedge funds with life settlement funds, so hopefully the additoinal hedge options will roll over into premium financing.

