Premium Financing Guidelines AG
Allianz
AXA
Global Atlantic
Max Accumulator+ Value+ Protector Elite Global Plus II Elite Survivor Index II
Life Pro+ Life Pro+ Survivor
All Fixed Permanent Products
Lifetime Builder Survivorship Builder Lifetime Foundation
Individual: Issue Age 70 Survivor: Youngest insured Issue Age 70
Max age 65
No Specified Limits
No Specified Limits
$5,000,000
$5,000,000
$5,000,000
$5,000,000
Individual Consideration
20% of Total Loan Commitment
$150,000
Cases without income stream, planned premium must be less than the sum of 50% of gross income and 4% of liquid assets
Individual Consideration
$200,000
No Specified Limits
$5,000,000
No Specified Limits
No Specified Limits
U.S. Citizenship Required
Yes
Yes
No, U.S. Residency Required (No NRAs)
Yes
U.S. Ownership Required
Yes
Yes
Yes
Yes
Interest Accrual Allowed
No
Yes
Individual Consideration
No
Yes, Elite Global Plus II only
Yes, not required unless needed for collateral
Yes
Lifetime Builder Only
Yes
Yes
Yes
Yes
No Specified Limits
Yes, contact for details
No Specified Limits
May not exceed 1.0%
No
No
Individual Consideration
Individual Consideration
No Specified Limits
Must show exit strategy
No Specified Limits
No Specified Limits
Individual Consideration
Yes
Yes
Yes
No
Yes
Normal Financial Underwriting Rules Apply
Yes
Individual Consideration
Yes
Yes, for age 70 and above only
Yes
Products Available
Issue Age Limits Minimum Net Worth
Minimum Liquid Net Worth
Minimum Annual Income
Minimum Face Amount
Early Cash Value Rider Available Full Recourse Required Loan Spread Requirement MEC Allowed Minimum Loan Duration Loan Term Sheet Required Third Party Financials Required Two Years Tax Returns
Sufficient Liquidity for Projected Debt
Cases with income stream, planned premium must be less than the sum of 50% of gross income and 10% of liquid assets