The sale of a life insurance policy is a personal decision and can vary widely from person to person. One consistent theme we have seen is that underlying each decision to sell their policy is the desire to use and enjoy the money now.

 

Your reasons may include:

• See the money enjoyed by relatives

• Take a vacation or have a family reunion

• Purchase things that previously were unaffordable

• Return to school or pre-pay a loved one’s education

• Make charitable donations

• Pay off bills, including a mortgage

• Make investments

• Seek alternative health treatments not covered by health insurance