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Are You Getting The Most From Premium Financing?
'It's all good,' says...n accomplish a host of goals through premium financing. Like Messer-Bowers' Re...

... . Why did you choose this rating? Submit This Anonymously Submit Cancel Contact Us contact_phone Click to call Unfollow First name: Last name: Email: Are you sure you want to deactivate your CompleteMarkets Company Profile Deactivate Cancel Loading.. About Us Services Jobs PR Newsletters Employees Articles Blog Photos Group Connections Reviews Member Content Member Content - Content Package Categories Popular Recent All Back Pitfalls to Avoid in Running a Captive Premium Finance Company 4/3 /2018 12:00:00 AM by CompleteMarkets Editor , Chris Farfaras This content has not been rated yet. You've made the decision to form a captive premium finance company. You've also chosen to run your operation either by outsourcing to a third-party vendor or using software to run the operation in house. Chances are that your lending arrangement and state licensing are also ... place. You're now ready to get started and you want to book your first loan. Before you open your doors for business, take a moment to consider some important factors in this new frontier of insurance premium financing. PRICE AND TERMS Building a sound game plan and understanding the components of your business are critical. The fundamental choice of the right interest rate, for example, is an important factor in determining your overall return. Make sure that you charge an appropriate APR that will not only cover your borrowing costs, administrative overhead, and other expenses, but also provide a healthy return on your investment. The down payment and installment terms you offer will affect your overall return. For example, playing it safe and offering a 25% down payment and nine installments on your business will ...

... . Why did you choose this rating? Submit This Anonymously Submit Cancel Contact Us contact_phone Click to call Unfollow First name: Last name: Email: Are you sure you want to deactivate your CompleteMarkets Company Profile Deactivate Cancel Loading.. About Us Services Jobs PR Newsletters Employees Articles Blog Photos Group Connections Reviews Member Content Member Content - Content Package Categories Popular Recent All Back Pitfalls to Avoid in Running a Captive Premium Finance Company 4/3 /2018 12:00:00 AM by CompleteMarkets Editor , Chris Farfaras This content has not been rated yet. You've made the decision to form a captive premium finance company. You've also chosen to run your operation either by outsourcing to a third-party vendor or using software to run the operation in house. Chances are that your lending arrangement and state licensing are also ... place. You're now ready to get started and you want to book your first loan. Before you open your doors for business, take a moment to consider some important factors in this new frontier of insurance premium financing. PRICE AND TERMS Building a sound game plan and understanding the components of your business are critical. The fundamental choice of the right interest rate, for example, is an important factor in determining your overall return. Make sure that you charge an appropriate APR that will not only cover your borrowing costs, administrative overhead, and other expenses, but also provide a healthy return on your investment. The down payment and installment terms you offer will affect your overall return. For example, playing it safe and offering a 25% down payment and nine installments on your business will ...

...lls to Avoid in Running a Captive Premium Finance Company
You've made the decision to form a captive premium finance company. You've also chosen ...iness you'll be financing. Captive premium finance companies have usually pr...

...sal Life), which will have higher premiums but will also have cash values and ...e business people perfectly, because premiums are low while coverage amounts are high. By the time the premiums for Term insurance get higher, t...

...al estate, and insurance. We have premium volume of about $1.75 million. I am ...can cut a $3,000 to $5,000 insurance premium 25% by dealing with us, the banke...

...oney that's idle and/or to reduce premiums without reducing benefits. Eliminat...ted. He calls these 'recession-proof premium plans.' And don't forget, Term po...

... company do you like/dislike? 3. Why did you choose this rating? Submit This Anonymously Submit Cancel Contact Us contact_phone Click to call Unfollow First name: Last name: Email: Are you sure you want to deactivate your CompleteMarkets Company Profile Deactivate Cancel Loading.. About Us Services Jobs PR Newsletters Employees Articles Blog Photos Group Connections Reviews Member Content Member Content - Content Package Categories Popular Recent All premium Articles tagged with premium Back A Classic Classification Campaign For Csrs 1 Verified Reviews - 5 of 5.0 1 2 3 4 5 CompleteMarkets Editor , Tripp Leach 12/31/2013 12:00:00 AM Suppose a local bedroom community just finished an Insurance Services Office (ISO) public protection classification inspection and was.. All Articles by CompleteMarkets Editor Comments (0 ) Agency Bill Vs. Direct ... Farfaras 4/3 /2018 12:00:00 AM You've made the decision to form a captive premium finance company. You've also chosen to run your operation either by outsourcing to a third-party vendor or using software to run the operation in house. Chances are that your lending arrangement and state licensing are also in place. You're now ready to get started and you want to book your first loan. Before you open your doors for business, take a moment to consider some important factors in this new frontier of insurance premium financing. All Articles by CompleteMarkets Editor Comments (0 ) The Brokerage Selection Process: Effective Client/Prospect Competition This content has not been rated yet. CompleteMarkets Editor , Rob Ekern 5/18/2018 12:00:00 AM The old marketplace selection process ...

... for debt financing would include premium-finance companies and insurance carr...f a loan based on achievement of new premium and profitability objectives nego...

... Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Are You Getting The Most From Premium Financing?4/30/2013 12:00:00 AM by CompleteMarkets Editor , Rick Burns This content has not been rated yet. It's all good, ' says Richard O'Neil, President of Key Insurance Corporation in Tampa, Florida. He has no complaints about his experience in premium financing, and it's easy to see why: His agency, with six branch offices and a total ... High Point, NC, says her company has been arranging premium financing for Commercial accounts for more than 10 years. But they don't market the service aggressively: It's mainly a service to the customer, ' she says, offered when the carrier or broker doesn't provide a payment plan. The agency, which uses Imperial Premium Finance for all its financing, normally doesn't guarantee the insured will pay the loan. For the most part, she says, There is really no risk for us at all. Finance Everything That's music to the ears of Imperial, the fourth-largest company in the industry. The California-based company handles premium financing for many PIA members' E&O coverage. Like O'Neil. Imperial's President and CEO Robert Cycon urges you to be more aggressive in selling premium financing. We tell the ...