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.
COVID-19 created visitation restrictions for nursing homes
She was able to remain safely at home with proper care.
Restaurant owner in his early 70s
Businesses were severely affected by the COVID-19 pandemic.
Financial ripple effect caused reductions in cash flow
Used the cash to fund their livelihood.
