Don’t let your clients lapse or surrender life insurance policies without checking the secondary market first.
Your clients may be able to unlock additional cash for life insurance policies no longer wanted or too expensive to maintain.
CASE STUDY
POLICY SUMMARY:
Policy Face Value…….......…..$3,000,000
Annual Premium………….......…..$51,252
Surrender Value……….…..........$221,079
HEALTH SUMMARY:
Age | Gender…………..........…..73 | Male
Health Status……….................…….Poor
Condition………………….Cancer History
$1,310,000 RECEIVED vs. $221,079 surrender value
This case study is based on an actual transaction completed. This is a hypothetical example for illustrative purposes only. The example provided is not representative of all clients’ experiences and is not indicative of future performance or results.
