Case Studies

Lump Sum

A retiree needed to better fund her healthcare needs:

Insured: 90 year-old female
Type of Policy: Universal Life
Policy Face Value: $2,750,000
Cash Surrender Value: $0
Secondary Market Value: $1,350,000

Term Settlement

​A doctor was forced into early retirement due to an illness:

Insured: 65 year-old male
Type of Policy: Term (Convertible to age 70)
Policy Face Value: $1,500,000
Cash Surrender Value: $0
Secondary Market Value: $60,000

Retained Death Benefit

Due to changes in the exemption, the client did not feel they needed as much insurance for estate tax purposes; however they wanted to retain some coverage. They were able to keep a portion of the policy without paying any future premium obligations.

Insured: 80 year-old male & 80 year-old female
Type of Policy: Survivorship Universal Life
Policy Face Value: $10,000,000
Cash Surrender Value: $124,926
Secondary Market Value: Owner retained $1,500,000 without future premium obligations, plus they received $200,000 cash

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