CASE 1
Client: Male – 82 years old
Face amount: $250,000
Cash Value: $1,583
Life Settlement: $95,000
Client could no longer afford his premium payments. He did not want to let the policy lapse and get nothing in return. He was able to obtain a life settlement for $95,000.
CASE 2
Clients: 87 year old male and 82 year old female
Face amount: 2,300,000
Cash Value: minimal
Life Settlement: $392,000
The policy was no longer needed and was on the verge of lapsing with very little cash value attached. They were able to sell the policy for $392,000.
CASE 3
Clients: 82 year old male and 77 year old female
Face amount: 4,600,000
Cash Value: 46,000
Life Settlement $1,700,000
The second-to-die policy was no longer needed and was paying premiums of $100,000 annually and had the policy for 2 years. After much negotiation, Integrity was able to sell the policy for $1,700,000, netting the owners $1,500,000.
If you have a
policy that is
no longer
needed, wanted,
or affordable,
please contact
us, Today at:
973-275-1110
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