Success Story

Meet Scott

COVID-19 induced bankruptcy caused by business lockdowns.

Ashar recently appraised a $2M Convertible Term policy for a restaurant owner in his early 70s whose businesses were severely affected by the COVID-19 lockdowns. Instead of starting bankruptcy proceedings, his financial professional offered to explore a life settlement, resulting in saving his businesses until the restrictions were lifted.

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Type of Policy:
Term Conversion
Policy Face Value:
$2,000,000
Cash Surrender Value:
$0
Life Settlement Value:
$630,000
Number of Bids:
12
More Success Stories
Insured
Meet James, 72

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.

Type of Policy:
Term Conversion
Policy Face Value:
$5,000,000
Cash Surrender Value:
$0
Life Settlement Value:
$750,000
Learn More
Insured
Meet Teresa, 92

COVID-19 created visitation restrictions for nursing homes
She was able to remain safely at home with proper care.

Type of Policy:
Universal Life
Policy Face Value:
$350,000
Cash Surrender Value:
$6,000
Life Settlement Value:
$167,000
Learn More
Insured
Meet Judy, 88

Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.

Type of Policy:
Survivorship UL - One Deceased
Policy Face Value:
$10,000,000
Cash Surrender Value:
$185,000
Life Settlement Value:
$3,250,000
Learn More
Frequently Asked Questions
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