Success Story

Meet June

Her policy was underfunded and sitting in an ILIT.

When June and her husband purchased their policy, they were told they’d never have to make another premium payment. Her husband is deceased, and June is living longer than she ever expected. As her health declined, she was facing costly premiums and mounting medical bills. Her financial professional reviewed the value of all her assets, including her life insurance policy.

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Type of Policy:
Survivorship UL - One Deceased
Policy Face Value:
$1,500,000
Cash Surrender Value:
$25,000
Life Settlement Value:
$475,000
Number of Bids:
14
More Success Stories
Insured
Meet Hector, 79

Could no longer afford premiums
Received a lump sum and reallocated premiums for today’s needs.

Type of Policy:
Indexed UL
Policy Face Value:
$1,500,000
Cash Surrender Value:
$75,000
Life Settlement Value:
$450,000
Learn More
Insured
Meet Herb, 77 & Toby, 76

Financial ripple effect caused reductions in cash flow
Used the cash to fund their livelihood.

Type of Policy:
Survivorship UL
Policy Face Value:
$500,000
Cash Surrender Value:
$12,000
Life Settlement Value:
$95,000
Learn More
Insured
Meet Diane, 92

Policy was eating cash flow needed for caregiving costs
Funded long-term care needs and relieved financial stress from her family.

Type of Policy:
Universal Life
Policy Face Value:
$500,000
Cash Surrender Value:
$12,000
Life Settlement Value:
$225,000
Learn More
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