Herb and Toby were seeing the detrimental effect of an underfunded policy, increased longevity, and rising premiums all compounded by a pandemic restricting their already limited cash flow. Their adult children urged them to have their policy appraised, resulting in a cash payment that will help them fund their livelihood for years to come.
Restaurant owner in his early 70s
Businesses were severely affected by the COVID-19 pandemic.
Policy was eating cash flow needed for caregiving costs
Funded long-term care needs and relieved financial stress from her family.
Their needs had changed, and they no longer needed the policy
They were able to uncover significant liquidity and fund their retirement.
