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is a specialty lender that provides financing for certain types of insurance premiums paid by commercial enterprises.CPF has built an excellent brand name and reputation for service and product innovation as unique as a 2 dollar bill.

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If the bank is named as the beneficiary on the insurance policy, they would be paid the full death benefit even if some of the loan had already been paid off, leaving nothing for the deceased’s other beneficiaries.Our template leases include an optional clause where details of any premium can be inserted.This in clause LR7 of the prescribed particulars that appear at the front of every lease template. sold) to a new tenant, there is usually no premium paid by the new tenant.However, an assignment of a long lease would usually attract a premium because it is similar to a freehold sale.Sometimes a short lease will be granted or assigned for a premium, e.g.That’s why we work tirelessly to maintain our superior customer service and efficient processing of your premium financing needs.Contact us today and discover the RPS Premium Finance difference.The borrower must be the owner of the policy, but not necessarily the insured, and the policy must remain current for the life of the loan with the owner continuing to pay all necessary premiums.Any type of life insurance policy is acceptable for collateral assignment, provided the insurance company allows assignment for the policy.A reverse premium is a payment or other benefit received as an inducement to take on a lease or other interest in land.A reverse premium is treated for Income Tax and Corporation Tax purposes as a receipt of a revenue nature.


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