Kensington Financial Associates
Check Eligibility
Why Kensington

The Concierge Alternative to Banks

We built Kensington for people who value speed, transparency, and personal service. Your policy's cash value is the collateral — not your income, your credit score, or your other assets.

Why Kensington?

A complete list of what makes our lending solution different from a traditional bank loan.

Efficiency

  • Simple, easy, and straightforward process
  • Fast turnaround times
  • Quick response from a dedicated team member
  • No income verification requirements*
  • No tax returns required*
  • No debt-to-income calculations

Protection

  • No personal guarantees required
  • No liens against homes or other personal assets
  • No application, origination, or maintenance fees
  • No prepayment penalties
  • Loan does not impact your credit score
  • Not reported to credit bureaus

Flexibility

  • One line of credit can be supported by multiple policies across any carrier
  • Access to up to 95% of eligible collateral value
  • Ability to increase borrowing capacity as policy cash values grow
  • Flexible use of proceeds — no restrictions on how funds are spent
  • Fast access to advances on existing lines of credit (24–48 hours)
  • Loan amounts from $75,000 to $2,000,000

Service

  • Dedicated service team and single point of contact
  • Direct access to a real human — not a call center
  • No branch visits required
  • No faxes — all documents submitted digitally (except the carrier assignment form)
  • Concierge-style, white-glove service throughout the loan lifecycle
  • Available for individuals, trusts, and businesses

* Income verification and tax returns not required for loans up to $1 million.

How Is the Interest Rate Determined?

Our loans are based on the 30-Day SOFR (Secured Overnight Financing Rate) plus an applicable margin. The specific rate offered will be disclosed in your term sheet and may vary based on the loan structure and underwriting considerations.

Because SOFR is a variable rate benchmark, loan interest rates may change over time in accordance with the terms of your loan agreement. Any applicable rate adjustments will be reflected in your monthly billing statements. The 30-day SOFR rate is updated every 30 days.

View current market rates
Our Team

Real People. Direct Access.

Our lending and application teams are here for you — from the first call through every draw on your line of credit.

T

Teddy Heichman

President/CEO

B

Bianka Alvarenga

Relationship Manager

Y

Yana Sazonova

Loan Underwriter

More Questions

What if I do not have enough cash value to meet the minimum?▾
One way to overcome the minimum loan amount threshold is to add other policies to the loan. We can group an unlimited number of policies from various carriers for a single loan.
What if I have more policies?▾
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.
How do I increase my line of credit?▾
We periodically evaluate the cash value in your policy to determine whether there is sufficient growth to support an increase in your available credit line. If your policy's cash value has increased significantly, we may be able to increase your line of credit prior to the loan's maturity date. Please contact your Kensington relationship manager to discuss available options and determine whether your policy qualifies.
What does it mean to be assigned to my policy?▾
The assignee shares some of the same rights as the policy owner to the extent limited by the carrier's collateral assignment agreement.
What happens if I cannot pay off the loan at maturity?▾
Kensington may approve a request for a loan modification to extend the maturity date, or the funds may be collected from the insurance carrier, thereby creating a carrier loan.

See If You Qualify

Contact our team for a no-obligation review of your policy and a free term sheet.

Check My Eligibility (877) 298-7331