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.
Client outlived all planning and premiums were due
The adult children no longer needed to fund the caregiving needs.
Liquidity constraints reduced donations
Cash created donation for the charity she loves.
Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.
