Product information
ANZ Universal life premium financing allows you to establish a credit facility using your policy as security, making your funds available for other investment needs. You can borrow up to 90% of the day-one net cash surrender value of your policy.
Key benefits
- Ability to structure the loan according to your specific needs, with our assistance.
- Avoid the need to outlay the full premium amount.
- Greater capacity to provide a lasting legacy for your beneficiaries.
- Flexibility to use the credit facility to free up cash and to invest in additional securities.
- Competitive interest rates.
Qualifying criteria
Client suitability risk profile and qualifying net asset requirements are met
Advance ratio
Up to 90% of the day-one net cash surrender value
Minimum facility
USD 250,000 or equivalent
Choice of currencies
AUD, EUR, SGD, HKD, USD, JPY, NZD, CAD, GBP, CHF
Drawdown options
- Initial minimum drawdown of USD 250,000 or equivalent.
- Subsequent minimum drawdown of USD 20,000 or equivalent (conditions apply).
Repayment options
- Interest only
- Principal and interest.
Repayment schedule
Monthly/Quarterly/Half yearly
Currency switching
Available (conditions apply)
Acceptable security
The policy itself
Please contact ANZ Private Bank to find out more.
Please contact your private banker to determine the suitability of this product.