COVID-19 continues to loom and affect our most vulnerable citizens, making long-term care decisions more difficult for families grappling with the safety of assisted living and nursing facilities. The life settlement relieved the financial and emotional pressure on Teresa’s family, and she was able to remain safely at home with proper care.
Policy was underfunded and sitting in an ILIT
Eliminated future premium payments and used the funds for medical bills.
Restaurant owner in his early 70s
Businesses were severely affected by the COVID-19 pandemic.
Business was sold, and the policy was no longer needed
Business owner was able to receive additional value above and beyond the sale of the company.
