Herb and Toby were seeing the detrimental effect of an underfunded policy, increased longevity, and rising premiums all compounded by a pandemic restricting their already limited cash flow. Their adult children urged them to have their policy appraised, resulting in a cash payment that will help them fund their livelihood for years to come.
Liquidity constraints reduced donations
Cash created donation for the charity she loves.
Client outlived all planning and premiums were due
The adult children no longer needed to fund the caregiving needs.
On the verge of outliving his planned coverage
A life settlement created value and alleviated future premium payments.
