Premium Financing

Bank-Owned Life Insurance (BOLI), and Corporate-Owned Life Insurance (COLI) at LWP Insurance

Premium Financing Premium Financing offers a strategic approach for managing large insurance premiums through third-party loans, allowing clients to secure substantial life insurance policies without liquidating their assets. This is particularly beneficial for high-net-worth individuals aiming to optimize estate planning and asset preservation. At LWP Insurance, we guide you through each step, ensuring that the financing aligns with your broader financial and estate planning goals.

Bank-Owned Life Insurance (BOLI) BOLI is a specialized form of life insurance purchased by banks, where the bank itself is both the payor and the beneficiary. It serves as a strategic tool for managing the costs of employee benefits and executive compensation. Our team at LWP Insurance helps banks implement BOLI policies to improve financial efficiency and offset the costs associated with their personnel.

Corporate-Owned Life Insurance (COLI) Similar in structure to BOLI, COLI is purchased by corporations and covers the lives of key employees. It's a vital strategy for businesses seeking to fund corporate benefits and address the financial implications of losing essential personnel. At LWP Insurance, we offer expert guidance on COLI policies, ensuring they contribute to your company's financial health and stability.

Why Choose LWP Insurance? LWP Insurance excels in crafting tailored insurance solutions that meet the unique needs of our clients, from individuals to large institutions. Whether you're considering Premium Financing, BOLI, or COLI, our expertise ensures that your insurance investments are both secure and strategic. Contact us today to discuss how these options can be integrated into your financial planning to achieve optimal results.