In addition to our loan expertise, we’re also experienced in refinancing internal policy loans on in-force life insurance contracts. The ability to borrow against policy cash values is a valuable feature of permanent life insurance policies, but insurance carrier loan rates can be higher than what the capital marketplace offers. By refinancing internal policy loans through Wintrust Life, the underlying policy can potentially perform better in the long term with more flexible loan options.

FEATURES

• In some instances, the majority of collateral required for a policy loan refinance can come from the policy itself
• Refinancing of an internal policy loan may stave off the potential for policy lapse and subsequent taxable events

LOAN OPTIONS:

• Interest Cap
• Fixed Rate Loan
• Capped Rate