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- Case Study 1 – Sale of a Term Life
policy
Situation: Male age 71. $750,000 term life
policy with $0 cash value. The policy was offered for sale
because premiums became unaffordable.
Result: Term policy sold for $187,500.
- Case Study 2 – Sale of a Term Life
policy
Situation: Male age 65. $2 million term
policy to cover a business loan. $0 cash value. The business
was sold and the loan repaid so there was no longer a need
for the term policy.
Result: Rather than letting the policy
lapse, the policy was sold through a Senior Life Settlement
for $600,000.
- Case Study 3 – Sale of a Universal
Life policy
Situation: Female age 72. $1.5 million
universal life policy. $200,000 cash value. The insured
still needed life insurance for estate planning but wanted
a lower premium.
Result: The policy was sold through a Senior
Life Settlement for $500,000 and the proceeds used to fund
a new, better performing, policy.
- Case Study 4 – Sale of a Universal
Life policy
Situation: Male age 73 with health issues.
$500,000 universal life policy.
Result: Insured sold the policy for $105,000.
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