If she bought a WL policy at 79 her CV would be around 347,000 in year 5, w/DB a little over $1,500,000.
If she bought a UL policy at 79 her CV would be around 473,000 in year 5, w/DB a little over 1,000,000.
Moreover, she is, statistically probably going to die within the next couple of years. Her ROR on the money she has thus far put in would be very good.
Assuming she bought the WL, if she were to die at age 85 there would be a IRR on the DB of 35%, if 87 16.7%, if 90 5.5%. All are tax free with a very good return on her money.
A Life Settlement would have a *ROR* on the premiums paid in of 4.4% subject to tax.
If she truly cannot in anyway afford the premiums, why not just lower the face amount to where it is affordable?
Or
If she bought a UL policy at 79 her CV would be around 473,000 in year 5, w/DB a little over 1,000,000.
Moreover, she is, statistically probably going to die within the next couple of years. Her ROR on the money she has thus far put in would be very good.
Assuming she bought the WL, if she were to die at age 85 there would be a IRR on the DB of 35%, if 87 16.7%, if 90 5.5%. All are tax free with a very good return on her money.
A Life Settlement would have a *ROR* on the premiums paid in of 4.4% subject to tax.
If she truly cannot in anyway afford the premiums, why not just lower the face amount to where it is affordable?
