Election time is a period where lot of expenses will be expected and no matter how much is budgeted, there will be several unpaid bills. Money will be borrowed and this can make anybody even if wealthy to end up being bankrupt and in so much debt to everyone from political consultants to caterers.

Every politician must have an annuity plan in place to support his income for life. Annuities have been popular since ancient time around 1700 among European “high society” as a form of prevention of a fall from grace. This will help politicians from being dangerously desperate to win after so much money spent during campaign.

Once you have the annuity plan, you can use it as collateral and guarantor to secured loan to support your campaign.

Note “Life Annuity is an insurance product which pays out regular income to an investor or retiree after initial purchase with a lump sum of money. This can only be purchased from Insurance companies”

SOURCE:
http://monsure.com/2014/12/18/what-every-politicians-should-have-before-contesting-elections