Premier Loan

Benefits of the Wintrust Life Finance Premier Loan

  • Competitively priced floating rate loan based on a spread above the PRIME or 12 month U.S. Libor indices
  • Rate set once per year; if there is any movement of the underlying index after the rate has been set, there will be no interim fluctuation on a borrowers’ interest rate
  • Fast and simple annual renewal process
  • No Pre-Payment penalties


  • Loan terms up to 7 years; renewable at maturity subject to financial underwriting approval of the refinance
  • Loan interest is payable annually in advance or arrears; loan interest can also be capitalized on an annual basis subject to approval by the Wintrust Life Finance financial underwriting team and insurance carrier guidelines
  • Fixed Loan Spread for entire loan term
  • Potential annual premium disbursements over the financing term are approved at origination thereby allowing Non-Corporate borrowers to be eligible for ‘expedited underwriting at each annual renewal
  • Collateral requirements adjusted annually based on policy & outside collateral performance
  • Financing available for both new policies and in-force policies