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.
Client outlived all planning and premiums were due
The adult children no longer needed to fund the caregiving needs.
COVID-19 created visitation restrictions for nursing homes
She was able to remain safely at home with proper care.
Their needs had changed, and they no longer needed the policy
They were able to uncover significant liquidity and fund their retirement.
