Retained Death Benefit Life Settlement

A Retained Death Benefit life settlement is a transaction where you effectively “trade in” your existing policy while retaining a portion of that coverage with no future premium obligations. This is a great option if you want to keep some coverage but do not want to pay any additional premiums in the future. However, the Retained Death Benefit does not include a cash payment. To retain coverage while also receiving cash, you will need to select the Blended Cash and Coverage option.

In short, a Retained Death Benefit life settlement will provide ongoing life insurance coverage but no cash payout.

Alternative Life Settlement Types

Lump-Sum Cash Payout

A single lump-sum cash payment. The buyer takes over all future premiums and policy benefits.
Blended (Cash & Coverage)
Get the money you need today and retain coverage for the future with no additional costs.