Like so many policy owners, Hector put in place a responsible plan. But over time, the premiums for his life insurance policy became a significant financial burden. His financial advisor encouraged him to investigate all his options. The life settlement eliminated future premium payments, so he reallocated those funds and the settlement proceeds to cover today’s needs, relieving financial stress.
Restaurant owner in his early 70s
Businesses were severely affected by the COVID-19 pandemic.
On the verge of outliving his planned coverage
A life settlement created value and alleviated future premium payments.
Surrendering policy and interested in receiving more money
Adult children unable to pay premiums to maintain the policy.
