Like so many policy owners, Hector put in place a responsible plan. But over time, the premiums for his life insurance policy became a significant financial burden. His financial advisor encouraged him to investigate all his options. The life settlement eliminated future premium payments, so he reallocated those funds and the settlement proceeds to cover today’s needs, relieving financial stress.
Policy was eating cash flow needed for caregiving costs
Funded long-term care needs and relieved financial stress from her family.
COVID-19 created visitation restrictions for nursing homes
She was able to remain safely at home with proper care.
Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.
