FES INSURANCE DESIGN: NEW FIRM OFFICIALLY LAUNCHED BY FINANCIAL & ESTATE STRATEGIES
January 10, 2008 (PRLEAP.COM) Business NewsBellevue, WA, January 10, 2008 – Affluent and high net worth estate owner have a new source for solutions to their life insurance needs. FES Insurance Design was launched to serve the market for those with a net worth above $3,000,000. Insurance provides a much needed source of funding for estate tax planning, wealth transfer and charitable giving techniques. The problem is that large insurance policies can be expensive. FES Insurance Design addresses this dilemma by helping structure premium financing.
Randy Becker, President of FES Insurance Design had this to say: “We’ve created a process called Intelligent Design TM. This processes helps match individuals who need large insurance policies with lenders who specialize in premium financing.” Simply stated, premium financing is a program in which a client will borrow money to pay the premiums. Interest rates are reasonable and terms of collateral are flexible to meet the client’s needs.
“Caution needs to be exercised”, says Mr. Becker. “These can be very complicated strategies and one needs to be extremely prudent in their approach. This is appropriate for those with a true need for insurance but don’t want to use highly productive assets as the source of funding.”
FES Insurance Design is introducing its website and materials to the public over the next few weeks. Inquiries can be directed to Randy Becker at 425-467-1361 for additional information.