Blended Cash & Coverage Life Settlement
A blended cash & coverage life settlement pays you cash upfront for your policywhile also enabling you to retain life insurance coverage with no future premium obligations. This option is great for those who need cash now but also want to make sure their beneficiaries are covered in the event of an early or unexpected death. The cash portion of a blended payout will generally be smaller than an all-cash lump-sum life settlement.
In short, a blended cash & coverage life settlement will provide both cash and coverage with no future premiums.
Alternative Life Settlement Types
Lump-Sum Cash Payout
A single lump-sum cash payment. The buyer takes over all future premiums and policy benefits.
Retained Death Benefit
Retain life insurance coverage while making no additional premium payments.