The following is the story of a Life Insurance policy
that didn’t turn into a pumpkin.


It’s a fact that all Life Insurance Settlements transactions have their own DNA…no two are alike. Here’s a recent case study that I would like to share with you.

The insured and policyholder is a self-employed 72-year-old Veterinarian who owned a Term Life insurance policy of $1.0 million dollars that was in its conversion period. Because he was well informed about what that meant, he was highly motivated to sell the policy knowing what would happen at the end of the conversion period. At 72 year old and still working, he had a few serious health issues that made his policy attractive to policy buyers… especially Term Life policies that are in their conversion period. For the one-million-dollar policy the Vet was offered $380,000. If he had not pursued a Life settlement, this policy would be cancelled, terminated and he would receive zero cash surrender value, not even a dime from the insurance carrier.