Many donors are facing liquidity constraints preventing them from meeting their giving goals. For Cecilia, a life settlement of her donated life insurance policies eliminated her future premium payments and created cash today for the charity she loves. She was then able to see the outcome of her donation while she is still living.
Could no longer afford premiums
Received a lump sum and reallocated premiums for today’s needs.
Policy was underfunded and sitting in an ILIT
Eliminated future premium payments and used the funds for medical bills.
Surrendering policy and interested in receiving more money
Adult children unable to pay premiums to maintain the policy.
