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.
Their needs had changed, and they no longer needed the policy
They were able to uncover significant liquidity and fund their retirement.
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.
