Thomas and Katherine’s children were grown with kids of their own and successful careers – changing the need of the policy. They were going to surrender their policy for the cash value and reallocate premiums into other areas of planning. Through a life settlement, they were able to uncover significantly more value and fund the retirement
of their dreams.
Surrendering policy and interested in receiving more money
Adult children unable to pay premiums to maintain the policy.
Financial ripple effect caused reductions in cash flow
Used the cash to fund their livelihood.
Restaurant owner in his early 70s
Businesses were severely affected by the COVID-19 pandemic.
