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Abacus Life
Options for Your Life Insurance The partners at Abacus Life know that life insurance is personal property. They empower clients with the information they need to make an informed decision about their policy.
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everal years ago, Matthew Ganovsky was contacted by a Windermere client who thought his $1 million life insurance policy had lapsed. Being diagnosed with ALS, he wanted to ensure his family would be taken care of when he no longer could. Through Abacus Life, a national firm headquartered in MetroWest that he built alongside his partners, Sean McNealy and Scott Kirby, Ganovsky changed his life. A review of the policy revealed that he still had coverage if he made a late premium payment. After Ganovsky walked him through his options, he chose to sell it for $440,000 — money that he was able to use to pay off the family home and set his family up for future success. “A lot of people don’t realize that their life insurance is personal property like a house or car,” Ganovsky says. “And like any other asset, it can actually be sold.”
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Central Florida Lifestyle | March 2021
