Premium Funding Group recently launched a carrier-approved financing platform, designed to provide a “risk defined insurance solution” for affluent seniors, the company said in a press release. The Stimulus Bridge mitigates interest rate and collateral volatility in order to allow devalued assets time to recover.
“We have created this design through an iterative collaborative process with the consumer and their advisors, the insurance carriers and the capital markets,” says Dean De Marco, co-founder of PFG. “Our goal is to provide an immediate conservative solution to assist the customer in coping with unprecedented economic volatility and uncertainties that they confront during the estate and business planning processes.”