Case Summary on a 71 year old male

October 22, 2007 | By WebFX

This client approached us about conducting a policy evaluation on his $200,000 universal life policy.  With his premiums of a little over $12,000 annually and no surrender value left in the policy, he no longer wanted to maintain the coverage.  Although it is more difficult to gather bids on smaller face values, we were able to get 4 competitive bids on this case.  The client accepted the bid of $54,000.

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