Life Insurance Premium Financing

Synovus Life Finance (“Synovus Life”) is the life insurance premium financing division of Synovus Bank. We’re the nation’s leading provider of high-touch, customized life insurance premium financing, and insurance-backed lending strategies. Synovus Life’s direct lending approach and extensive experience crafting insurance-supported solutions enable us to meet the needs of both business and individual clients.

Expertise

Synovus Life has more institutional experience—with more varied lending solutions—than any other premium life insurance provider in the industry today.

Loan processing

Typically, Synovus Life can provide a preliminary loan offer in as little as 72 business hours and doesn’t require annual re-underwriting to keep the loan in force once it is approved and closed. Additionally, Synovus Life offers automatic 10-year renewal after the first term.

Client-centric focus

Synovus Life works carefully to ensure that every loan is custom-made for the borrower, closing is a smooth and easy process, and ongoing support and service are the best in the industry.

Flexibility

With Synovus Life, borrowers are afforded flexibility in every aspect of managing their loan—from development to post-closing loan support—ensuring that the loan always meets their needs.

Structuring and funding financial strategies for high-net-worth individuals and business borrowers is a nuanced and customized process. With so many options to choose from in crafting a plan for these clients, life insurance is often one of the best options available to meet a broad range of client requirements. By financing their premiums with Synovus Life, clients may be able to leverage a range of benefits otherwise unavailable when using their own funds to pay for policy premiums.