Herb and Toby were seeing the detrimental effect of an underfunded policy, increased longevity, and rising premiums all compounded by a pandemic restricting their already limited cash flow. Their adult children urged them to have their policy appraised, resulting in a cash payment that will help them fund their livelihood for years to come.
Their needs had changed, and they no longer needed the policy
They were able to uncover significant liquidity and fund their retirement.
Could no longer afford premiums
Received a lump sum and reallocated premiums for today’s needs.
Liquidity constraints reduced donations
Cash created donation for the charity she loves.
