At 90-years-old, paying an annual life insurance premium of over $55,000 can be a financial challenge. For this policy owner, there had to be an alternative to policy lapse or surrender, especially after paying his premiums for years. The life insurance company only offered $1,429 if he surrendered his policy. If he allowed it to lapse, he would’ve received nothing. After exploring his options, he found that GWG Life would pay much more—18 times more.