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.
Restaurant owner in his early 70s
Businesses were severely affected by the COVID-19 pandemic.
Policy was underfunded and sitting in an ILIT
Eliminated future premium payments and used the funds for medical bills.
COVID-19 created visitation restrictions for nursing homes
She was able to remain safely at home with proper care.
