When June and her husband purchased their policy, they were told they’d never have to make another premium payment. Her husband is deceased, and June is living longer than she ever expected. As her health declined, she was facing costly premiums and mounting medical bills. Her financial professional reviewed the value of all her assets, including her life insurance policy.
Policy was eating cash flow needed for caregiving costs
Funded long-term care needs and relieved financial stress from her family.
Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.
Liquidity constraints reduced donations
Cash created donation for the charity she loves.
