Bill, a 75 year old from Portland, Oregon, had a $1,000,000 universal life policy with Genworth. Bill’s annual premiums were $32,000 – and since his wife had passed, Bill didn’t really need the life insurance policy. Bill thought he had no option since the policy offered no cash surrender value, but working with us was able to sell his policy for $175,000.
Bill immediately put the money into a fund for his grandson’s education.