How to Sell Your Life Insurance Policy for $250,000 Instead of $4,811!

Posted: September 12, 2022 by John Welcom

Would You Rather $250,000 or $4,811?

Mark bought an individual $2M Lincoln National Universal Life policy in 2017 (at age 78). Due to financial constraints, he could no longer afford the $104,330 annual premium to maintain the policy. Unfortunately, reducing the Death Benefit was not a consideration because there was very little cash in the policy. Mark thought he needed to surrender the policy for $4,811

NEVER SURRENDER A LIFE INSURANCE POLICY WITHOUT FINDING OUT WHAT ITS' WORTH!

Mark bought an individual $2M Lincoln National Universal Life policy in 2017 (at age 78). Due to financial constraints, he could no longer afford the $104,330 annual premium to maintain the policy. Unfortunately, reducing the Death Benefit was not a consideration because there was very little cash in the policy. Mark thought he needed to surrender the policy for $4,811. When he asked his financial advisor to send him the surrender paperwork, the advisor suggested the life settlement option and Welcome Funds. Mark realized that anything above his surrender value would be a victory. It certainly was, in a big way.

Policy's Insured

Male | Age 78

Health Status

Good

Policy Type

Universal Life

Face Amount

$2,000,000

Annual Premium

$104,330

Surrender Value

$4,811

Life Settlement Payout.... $250,000




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