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.
Could no longer afford premiums
Received a lump sum and reallocated premiums for today’s needs.
Client outlived all planning and premiums were due
The adult children no longer needed to fund the caregiving needs.
COVID-19 created visitation restrictions for nursing homes
She was able to remain safely at home with proper care.
