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.
Surrendering policy and interested in receiving more money
Adult children unable to pay premiums to maintain the policy.
Restaurant owner in his early 70s
Businesses were severely affected by the COVID-19 pandemic.
Their needs had changed, and they no longer needed the policy
They were able to uncover significant liquidity and fund their retirement.
