Rising Rates Make Life Insurance Funded With Debt More Costly

September 26, 2022 by Leslie Scism

Rising interest rates and a falling stock market are putting new pressure on a popular strategy of borrowing to fund the purchase of multimillion-dollar life-insurance policies.

Even before rates started to rise, consumers were being forced to make big payments when strategies failed to deliver the promised returns. Many sued their agents and insurers.

Click HERE to read the full story via WSJ

Wink’s Note: Do you do premium financed indexed life?
This article pretty much sums-up why so many carriers have suspended, or modified the rules for, premium finance sales. – sjm

Originally Posted at The Wall Street Journal on September 22, 2022 by Leslie Scism.