71 year-old female with a $3,000,000 policy. There was no cash value in the policy and her next premium was going to be $89,580. She didn't want to pay the high premium and since there was no cash value in the policy, she would be forced to let the policy lapse, thereby losing all the investment in premiums she had paid to date. Her financial advisor suggested she consider selling her policy, as a means to recover some of her premium investment. Her policy was purchased for $435,000.

76 year-old male insured on a $1,002,592 policy. This policy was owned by a family life insurance trust and was no longer needed. There was only $2,592 cash value in the policy that the trust had owned since 1988, and the monthly cost of insurance was going to cause the policy to lapse soon. Since the policy was not needed, the trust didn't want to pay the next premium of $37,504. The trustee decided to sell the policy and the buyer paid the trust $116,000 for the policy.

80 year-old male with a $480,000 policy. This policy was owned by two of the insured's children. Since the coverage was no longer needed they decided to sell the policy, there was only $36,474 cash value in the policy and a premium of $16,180 due. The policy was was purchased for $171,000.

85 year-old female with a $1,000,000 policy. This policy was owned by a family trust and the trust donor was unwilling to continue funding the premium payments. The policy had $189,959 cash value left which would have covered the $26,500 premium for a few years, but then the policy would have no surrender value. They determined it would be best to sell the policy, it was purchased for $514,000.

76 year-old male with a $700,000 policy. This policy was owned by the insured who was prepared to let the policy lapse because it was no longer needed and only had $2,875 cash value. His financial advisor instructed him to seek a life settlement evaluation, his policy was purchased for $140,000.