Ridge Capital Group Announces Successful Phase-One Rollout; Rollout of Premium-Finance Loan to Phase

The life insurance industry’s need for a flexible, carrier-approved premium-finance program is evident by the overflow of cases received during the phase-one rollout of the Ridge Capital Flexible Premium-Finance Loan.

Developed by San Diego-based Ridge Capital Group, LLC, the Ridge Capital Flexible Premium-Finance Loan is designed to address the needs of both insurance carriers and insureds in the current life-insurance premium-finance environment. The first-phase rollout to a select group of high-volume distribution partners began in early August 2006, and the program was rolled out to phase-two distribution partners who bring business different from that of phase-one partners, on Sept. 1, 2006.

“The favorable loan terms and the flexibly structured program really caught the eye of our first-phase distribution partners,” said Justin Finemel, CEO of Ridge Capital Group, LLC. “The Ridge Capital Group Flexible Premium-Finance Loan is an ideal product for financing life insurance, and because of this, when we opened the doors we were flooded with interest. Clients with real needs for life insurance are provided with a variety of financing options to best fit their current situations through the Ridge Capital Group Flexible Premium-Finance Loan.”

Ridge Capital Group’s Flexible Premium-Finance Loan was designed with industry best practices in mind to provide high-net-worth seniors with the ability to finance life insurance for up to 10 years.

For information about Ridge Capital Group, call 858-427-4978.

Ridge Capital Group provides funding and financing of life-insurance contracts for high-net-worth individuals. A program fully funded by institutional-investment capital, Ridge Capital Group’s management and staff consist of individuals with numerous years of experience in the insurance, finance, legal and capital-markets industries.

Contacts Ridge Capital Group
Jimmy Trujillo - .(JavaScript must be enabled to view this email address)
Justin Finemel - .(JavaScript must be enabled to view this email address)
858-427-4978