When June and her husband purchased their policy, they were told they’d never have to make another premium payment. Her husband is deceased, and June is living longer than she ever expected. As her health declined, she was facing costly premiums and mounting medical bills. Her financial professional reviewed the value of all her assets, including her life insurance policy.
On the verge of outliving his planned coverage
A life settlement created value and alleviated future premium payments.
Liquidity constraints reduced donations
Cash created donation for the charity she loves.
Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.
