Kensington Financial Associates
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What Will You Do With Your Funds?

No Restrictions on Use

A Kensington policy loan puts your own cash value to work — without surrendering your coverage. Use the funds for whatever matters most to you.

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Modern apartment building viewed from below
Real Estate
Financial paperwork and a calculator laid out on a desk
Debt Payoff
Counter of an independent coffee shop
Business Capital
Reading room of a historic university library
Education

Up to 95%

of eligible cash value

$75K–$2M

typical line of credit

24–48 hrs

to access approved advances

$0

application & origination fees

Common Use Cases

Six Ways Clients Put Their Cash Value to Work

These are the requests we see most often — but the list isn't a limit. The proceeds of your loan may be used for any purpose.

Contemporary two-storey home with a pool — a typical investment property purchase
01

Real Estate Investing

Most Popular

Real estate opportunities don't wait for bank timelines. A policy loan gives you fast access to capital — often in weeks rather than months — so you can move on deals when they appear.

  • Down payments on investment properties
  • Bridge financing between deals
  • Renovation capital on acquired properties
  • Earnest money deposits without liquidating other holdings

Good to Know

Traditional bank financing for investment properties can take 30–60 days and requires extensive documentation. Policy loans require neither your income statement nor a new lien on the property.

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Person holding a credit card while working at a laptop
02

Paying Off High-Interest Debt

High Impact

Credit card interest rates now average close to 28% APR. Personal loan rates can exceed 20%. If you're carrying high-interest debt, using your policy's cash value to pay it off may cost you far less in interest over time.

  • Credit card balances (avg. ~28% APR)
  • Personal loans
  • High-rate auto financing
  • Any revolving debt costing you double digits
  • Purchasing an additional policy or paying off higher-interest policy loans

Good to Know

The interest you pay on a policy loan is disclosed in your term sheet and is based on the 30-Day SOFR plus an applicable margin — significantly lower than consumer credit card rates.

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Interior of an independent retail store stocked with inventory
03

Business Capital

Business lending from banks is notoriously documentation-heavy — financial statements, tax returns, personal guarantees, and often a lien on business assets. A policy loan requires none of that.

  • Inventory financing
  • Operating capital during slow seasons
  • Equipment or technology purchases
  • Business acquisition or expansion
  • Payroll bridge during a growth phase

Good to Know

Kensington supports individual, trust, and business-owned policy borrowers. No personal guarantee required, and no impact on your business credit.

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Person holding a set of car keys in front of a parked vehicle
04

Auto Loans

Auto financing rates have climbed sharply. If you're looking to buy a vehicle without taking on a high-rate auto loan, your whole life insurance policy may be a more efficient source of capital.

  • Purchase a vehicle outright — no dealer financing
  • Pay off an existing high-rate auto loan
  • Fund a vehicle for personal or business use

Good to Know

Auto loans currently average 7–10%+ for used vehicles. A policy loan gives you the flexibility of an unsecured advance without a lien on the car itself.

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Two graduates in caps and gowns walking across a university campus
05

Student Loans & Education

Federal and private student loan rates have risen significantly. For families with existing life insurance cash value, a policy loan can fund education expenses or help pay down existing student debt.

  • Tuition or living expenses for yourself or a dependent
  • Refinancing or paying off existing student loans
  • Graduate or professional school costs

Good to Know

Unlike parent PLUS loans or private student loans, policy loans have no origination fees, no income requirements, and no impact on your credit report.

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Physician reviewing notes on a tablet with a colleague
06

Medical Expenses

Medical bills arrive without warning and often with urgency. A policy loan can be set up quickly — in weeks, not months — and funds can be used for any medical need without restriction.

  • Out-of-pocket surgery or procedure costs
  • Long-term care or rehabilitation expenses
  • Covering a deductible or out-of-network cost
  • Helping a family member with medical bills

Good to Know

Medical financing often comes with high promotional rates that reset to 26%+. A policy loan offers a more predictable, often lower-cost alternative.

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Estimate Your Line

How Much Could You Access?

Enter the guaranteed cash value shown on your policy statement to see the line of credit it may support at up to 95% loan-to-value.

$
$50,000$3,000,000+

Estimated line of credit

$237,500

Cash value
$250,000
Maximum loan-to-value
95%
Fees
None
Check My Eligibility

Estimate only, for illustration. Your actual line of credit is based on the guaranteed net cash surrender value confirmed with your carrier and remains subject to review and approval. This is not an offer of credit and not financial advice.

FAQ

Eligibility Questions

Are there any restrictions on how I use the funds?
No. There are no restrictions on the use of funds. You may use the proceeds of your loan for any purpose.
Can I use multiple policies to reach a higher loan amount?
Yes. We can group an unlimited number of policies from various carriers for a single loan, as long as each policy owner has some nexus to the prospective borrower. This is one way to overcome a minimum loan amount threshold.
What is the minimum loan amount?
Eligibility generally requires a minimum of $75,000 in net cash surrender value. If a single policy doesn't reach that threshold, combining multiple policies can help qualify.
Can a business borrow against its owners' whole life insurance policies?
Yes. Kensington offers lending solutions for individuals, trusts, and businesses. Business-owned policies are eligible. Additional documentation (entity formation docs, resolutions, etc.) is required.

Know What You Would Use It For?

Start your application or call us to discuss your specific situation. We'll tell you what your policy qualifies for at no cost.

Check My Eligibility (877) 298-7331