Success Story

Meet James

He sold his business, and his policy was no longer needed.

Company-owned key man policy on a retiring business owner. Due to the costly conversion premium, the company planned to lapse the policy. The retiring business owner negotiated for the policy ownership to be transferred to him. Afterward, his advisor suggested he have his life insurance policy asset appraised for secondary market value.

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Type of Policy:
Term Conversion
Policy Face Value:
$5,000,000
Cash Surrender Value:
$0
Life Settlement Value:
$750,000
Number of Bids:
18
More Success Stories
Insured
Meet Cecilia, 85

Liquidity constraints reduced donations
Cash created donation for the charity she loves.

Type of Policy:
Universal Life
Policy Face Value:
$3,000,000
Cash Surrender Value:
$48,000
Life Settlement Value:
$1,100,000
Learn More
Insured
Meet Mike, 78 & Sharon, 77

Surrendering policy and interested in receiving more money
Adult children unable to pay premiums to maintain the policy.

Type of Policy:
Survivorship UL
Policy Face Value:
$2,500,000
Cash Surrender Value:
$26,000
Life Settlement Value:
$612,000
Learn More
Insured
Meet Carlos, 87

On the verge of outliving his planned coverage
A life settlement created value and alleviated future premium payments.

Type of Policy:
Universal Life
Policy Face Value:
$5,000,000
Cash Surrender Value:
$386,000
Life Settlement Value:
$1,650,000
Learn More
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