How does financed life insurance work?
Once you know how big of a policy you want then we can begin the process. We will use your collateral to secure a loan from the bank for the size of the policy. The bank will pay for your policy and premiums based on your collateral and net worth. We will use the policy to purchase various stock index products. One of our more popular products, the AIG Elite Global Index has an average annual yield of approximately 10.40%.