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.
Surrendering policy and interested in receiving more money
Adult children unable to pay premiums to maintain the policy.
Business was sold, and the policy was no longer needed
Business owner was able to receive additional value above and beyond the sale of the company.
Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.
