Example 1:

Husband and wife ages 77 and 74 are insured by children with a Second To Die policy for $3,000,000. The policy was sold for $300,000. The husband and wife were re-insured for $3,000,000 with a new Second To Die policy for the same premium and the $300,000 proceeds from the sale were used to insure the husband and wife with an additional Second To Die policy for $2,500,000 paid up through the ages of 98 and 95.

Example 2:

Male client age 77 owns a $5,000,000 Universal Life policy on himself which he has invested $260,000 in throughout the years. The policy is sold for $1,500,000 which the client than uses to invest in fixed income securities with a significant annual return.

Example 3:

Son purchases a policy on his 78 year old father with a face value of $1,000,000. After a few years and an investment of $50,000 the son decides he no longer needs this insurance. The policy is sold for $365,000.