Policy has not met original illustrated values Charitable Foundation holdings policies Poorly performing defined benefit plan. There is a reduction in estate size due to loss of net worth or completion of estate planning techniques and less insurance is required to fund projected estate tax liability. A policy needs to be removed from an estate. Policy is entangled in litigation. Business owns policies that are performing poorly.
Bankruptcy causes liquidation of assets.
Deferred compensation programs have changed. Policy has not met original illustrated values and premiums have to be increased or policy will lapse. The sale of a policy allows for current distribution of funds. Divorce changes desired need for life insurance. Personal financial situation makes premium payments unaffordable.