Living longer than expected, Carlos was on the verge of outliving his planned coverage. Expensive premium payments were eating through the built-up cash value in his policy and he did not have the means to make another premium. His financial advisor recommended a life settlement to create value and alleviate future premium payments.
Restaurant owner in his early 70s
Businesses were severely affected by the COVID-19 pandemic.
Their needs had changed, and they no longer needed the policy
They were able to uncover significant liquidity and fund their retirement.
Liquidity constraints reduced donations
Cash created donation for the charity she loves.