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.
Financial ripple effect caused reductions in cash flow
Used the cash to fund their livelihood.
Policy was underfunded and sitting in an ILIT
Eliminated future premium payments and used the funds for medical bills.
On the verge of outliving his planned coverage
A life settlement created value and alleviated future premium payments.
