The client for cash accumulation Premium Financed life insurance is age 35 – 50 and has a net worth in excess of $5 million with an annual income of $500,000. They have sufficient liquidity to support their current lifestyle and make a partial contribution to the premium in the way of interest payments. They have assets which can be used as collateral for the loan. They have a clear and obvious need for the insurance and wish to avoid paying unnecessary taxes. Finally, they want to ensure that their families are provided for upon their death.