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.
On the verge of outliving his planned coverage
A life settlement created value and alleviated future premium payments.
Client outlived all planning and premiums were due
The adult children no longer needed to fund the caregiving needs.
Financial ripple effect caused reductions in cash flow
Used the cash to fund their livelihood.
