Diane’s adult children were funding both her long-term care needs and maintaining her life insurance policy. However, an increase in cost of insurance was going to cause them to lapse the policy for the minimal cash surrender value. The long-term care facility recommended using Ashar Group to value the policy to uncover more potential value.
On the verge of outliving his planned coverage
A life settlement created value and alleviated future premium payments.
Policy was underfunded and sitting in an ILIT
Eliminated future premium payments and used the funds for medical bills.
Donated policy to a charity ran out of cash value to pay premiums
Donor was able to create a living legacy and enjoy seeing the gift used while living.