A powerful financial tool when used correctly, an Immediate Financing Arrangement (IFA) can help clients acquire additional life insurance policies while keeping their liquidity intact for short or medium-term cashflow needs.
When it comes to life insurance, many Canadians are often left with a difficult choice:
- Acquire life insurance now, but negatively impact liquidity and cashflow
- Proceed with inadequate life insurance coverage and fail to provide adequate security for their loved ones
Enter the Immediate Financing Solution – a lending product that enables whole life policy-owners to borrow back 100% of their premiums on an annual basis. The benefit is two-fold: clients are able to purchase additional life insurance – either to protect their loved ones or to structure their estates – and borrow back the entire amount to remain liquid.
In this webinar that aired live on Wednesday, January 26, 2022 at 1:00 pm ET, will dive deeper into the product details and use cases, as well as other CSV lending options that may be more suitable for certain borrowers. Advisors will find that IFA lending is a valuable tool for deepening client relationships, and for growing their books!
Tim Holley, National Account Manager, Wealth Solutions Team, Equitable Bank
Michael Pilz, Head, National Sales, CSV Lending, Equitable Bank
About the presenters
Need CE credits?
Please note that CE accreditation for this webinar is pending approval. CE accreditation is powered by CE Corner.
For those who missed the live webinar on Wednesday, January 26 at 1:00pm ET, the recording is also available on CE Corner.
You will be required to complete a quiz to obtain a CE certificate from FP Canada, The Institute and IIROC. CE accreditation is powered by CE Corner.
If you attended the live webinar on Wednesday, January 26 at 1:00pm ET, you will receive an e-mail notification from CE Corner when your CE certificate from FP Canada, The Institute and IIROC is ready.
If you do not yet have a profile on CE Corner you will need to create one in order to obtain your CE accreditation.
If you have any questions, please contact firstname.lastname@example.org.