Estate Planning Wealth Accumulation Premium Financing Foreign Nationals Charitable Giving Defined Benefits
Retained Death Benefit Option
Life Settlements Why Consider Hidden Value Ideal Candidates Transaction Process Life Insurance Audit
A revolutionary transaction for the life settlement market, enables policy owners to keep a portion of their life insurance with no future premium obligations.
Life insurance has long been a valuable estate planning tool. However, the cost of maintaining insurance for older individuals may represent significant financial challenges.
Underperforming policies, due to low interest rates, combined with longer life expectancies, often put the annual premium outlay beyond what a policy owner can afford.
In each of the following transactions, retained death benefit makes it possible to eliminate premium payments while retaining a portion of the death benefit with no future premiums.
- The policyowner may choose to retain a portion of death benefit in lieu of a cash payment.
- The policyowner may receive a cash settlement in addition to retaining a portion of the death benefit.