Is premium financing legitimate or a gimmick?

Legitimate but unforgiving — borrowing to fund large policies works when interest rates, crediting rates, and exit strategy are stress-tested honestly, and fails when they’re not. We model it conservatively and tell you plainly when the answer is no.

Our estate plan was drafted years ago. What triggers a re-design?

Exemption law changes, a business sale, a move, a death, or simply policy performance drifting from the original illustration. A review costs nothing and most plans written more than five years ago have at least one material gap.

Is premium financing legitimate or a gimmick?

Legitimate but unforgiving — borrowing to fund large policies works when interest rates, crediting rates, and exit strategy are stress-tested honestly, and fails when they’re not. We model it conservatively and tell you plainly when the answer is no.

Our estate plan was drafted years ago. What triggers a re-design?

Exemption law changes, a business sale, a move, a death, or simply policy performance drifting from the original illustration. A review costs nothing and most plans written more than five years ago have at least one material gap.

← All Michigan

Bloomfield Hills, Michigan · Oakland County

At this level, the tax code is the biggest line item.

Bloomfield Hills families sit where the planning stakes are highest: estates that flirt with the federal exemption, concentrated business and real-estate positions, and children who will inherit either a structure or a mess. At this level the difference between designed and default is measured in seven figures.

CentraLife’s work here is advanced-planning insurance architecture: dynasty-oriented ILITs, Spousal Lifetime Access Trusts funded with cash-value policies, premium-financed designs where appropriate, and coordination with the estate attorneys and CPAs who already steward the family’s affairs. The goal is simple to state and rare to execute: wealth that transfers by design, not by probate.

Build My Plan (313) 925-3760

For Bloomfield Hills Families

Advanced-planning architecture for estates where the default path costs seven figures.

Indexed Universal Life

Permanent coverage with index-linked cash value, a floor against negative index credits, and potential lifetime access through withdrawals and policy loans.

Learn more

Mortgage Protection

Coverage designed around the household—not only the loan—with options for living benefits and permanent cash value where appropriate.

Learn more

Final Expense

A small whole-life policy that turns a five-figure bill into a tax-free check — so your family inherits money, not a funeral invoice.

Learn more

Asked in Bloomfield Hills

Local questions, straight answers.

A Spousal Lifetime Access Trust lets one spouse gift assets — often a cash-value life insurance policy — into an irrevocable trust benefiting the other spouse. Assets grow outside the taxable estate while the household retains practical access through the beneficiary spouse. It’s a cornerstone technique for using today’s estate exemption before any future reduction.

Michigan Research

Talk to an advisor who works where you live.

Free 30-minute assessment — in person or by phone
Review of existing policies, 401(k)s, and pensions included
Headquartered at 290 Town Center Dr, Dearborn, MI 48126

Schedule an Assessment

Also Serving

Dearborn, MI Detroit, MI Livonia, MI Troy, MI Birmingham, MI Macomb, MI Sterling Heights, MI Rochester, MI Ann Arbor, MI Grand Rapids, MI Lansing, MI Kalamazoo, MI Flint, MI Traverse City, MI IUL vs 401(k) — run your numbers

At this level, the tax code is the biggest line item.

Indexed Universal Life

Mortgage Protection

Final Expense

Local questions, straight answers.

Useful next steps for Bloomfield Hills households.

The Michigan life insurance coverage gap

How to compare life insurance carriers

CentraLife’s Dearborn headquarters

Talk to an advisor who works where you live.