Premium Financing Compliance & Underwriting
The making, enforcement and collection of premium finance loans, or premium financing compliance, is subject to extensive regulation. These insurance premium financing regulations vary by state and can be indirectly affected by the laws and regulations applicable to the life insurance policies that collateralize the premium finance loans.
Additionally, we are subject to various state and federal regulations governing lending, and consumer protection laws.
To comply with regulations, protect against fraud, and select the best transactions for the company, we perform extensive underwriting before funding a loan.