Meet Robert & Beth

Male and Female, Ages 79

  • Face Value: $16,266,510
  • Policy CSV: $3,729,608
  • Abacus Offer: $6,405,000
  • Agent Compensation: $500,000

Financing Amounts

  • Financing Loan Amount: $4,171,874
  • Interest Payment Due: $167,000
  • Collateral: $442,265

The Issue

The insureds’ family no longer wanted to fund the interest payments on the loan and needed to free up their collateral.

Surrendering the policy back to the carrier would have resulted in an additional loss of over $442,000 and they needed other options.

Abacus Option

Abacus helped the insured pay the full $4,171,874 loan balance and they received a substantial profit over the loan. We freed their collateral of $442,265 and they collected an additional $1.7 million in proceeds.

The sale of the policy alleviated the next interest payment of $167,000, effectively creating a life settlement swing of over $2.3 million.

Next Steps

  1. Identify clients in your book of business who have premium finance policies that are under performing, or collateral is needed or interest payments are no longer viable and are ages 75+
  2. Send us a current illustration to age 105
  3. We will send you a valuation within 24 hours