Date: Wednesday, June 22, 2022

Time: 1 pm ET | 10 am PT

Cost: Complimentary

Sponsored by: The Bancorp

Many clients are wondering how they can access liquidity to help with real estate investments, debt consolidation, tuition and more, and may be looking for new or more stable options. An Insurance-Backed Line of Credit (IBLOC) may be the right answer.[1] One of the biggest differentiators of accessing liquidity with an IBLOC versus other lines of credit is its stability and resiliency against outside forces, such as fluctuations in the stock market. An IBLOC allows borrowers the freedom to access up to 95% of the cash value[2] of their eligible whole life insurance policies[3] at competitive rates and terms.

Join this complimentary webcast to learn in-depth about IBLOCs and how they can be an essential tool when it comes to effectively managing your clients’ wealth. Benefits that will be highlighted include:

• Clients gaining liquidity without the cumbersome process of applying for a personal loan
• Using this strategy to build clients’ confidence in your wealth management capabilities
• Avoiding the disruption of portfolio assets or other assets under management
• And more!

Speakers: 

John Profitlich | Director, Northeast Regional Business Development Officer | The Bancorp Institutional Banking

Abdullah Rajput | Director, IBLOC Lead​​​​​​​ | The Bancorp Institutional Banking

[1] The Bancorp does not provide tax or legal advice. Consult a tax advisor for tax-related matters and an attorney for legal matters. IBLOC’s may not be suitable for all applicants.

[2] Subject to credit approval and underwriting.

[3] Line of credit is contingent on life insurance policy remaining in good standing. The insurance policy owner must be the borrower. Insurance policy must be issued by one of the following approved insurance providers to be eligible as IBLOC collateral: Guardian, MassMutual, Northwestern Mutual, NY Life, John Hancock, Penn Mutual, Ameritas Life Insurance Corp.