Life Settlement: 90-Year Old Female

90-Year Old Female

The Background

A 90 year old female had a $3,000,000 life insurance policy with Mass Mutual with a cash surrender value of $80,000. The annual premium obligation was $96,000.

The Problem or Challenge

The insured had too much life insurance for her needs. She also had a $5,000,000 policy for a combined $8,000,000 in coverage.

The Source of the Lead

Lead generated from website.

The Solution

The client received a purchase price of $950,000. She netted hundreds of thousands of dollars more than the cash surrender value offered by her insurance company.

No comments yet.

Leave a Reply

* Copy This Password *

* Type Or Paste Password Here *