Sandra, 79. $200,000 Policy. $110,000 payout.
Sandra came to us struggling under the weight of high monthly insurance premiums — more than $2,200 a month — and she was in need of additional resources to help with family issues. To free up capital, she considered letting the policy go, but then learned she had other choices. Through a hybrid option, Abacus provides, we were able to help Sandra maintain the policy while giving her an infusion of cash. Abacus quickly paid her premiums to keep the policy current, so her beneficiaries will still receive benefits from the policy, and Sandra received $110,000 to help with medical care and family needs.