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Montage Financial Group

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California Life Settlement Provider

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Retained Death Benefit Life Settlement

› Sell A Policy › Retained Death Benefit Life Settlement

a man with his daughter after he sold his life insurance policy with retained death benefitA policy owner receives a cash lump sum payment in exchange for their life insurance policy in a traditional life settlement arrangement. Lump sum payment life settlements are a great option for individuals who need fast access to cash; however, they are not right for everyone. When a policy owner wants to retain a portion of their life insurance policy’s death benefit, the solution is a retained death benefit (RDB).

What Is A Retained Death Benefit Life Settlement?

A retained death benefit life settlement allows a policyholder to keep a portion of their life insurance death benefit to be awarded to a chosen beneficiary. When an RDB offer is accepted, the purchaser takes over the full premium payments, meaning the policy owner is no longer obligated to make life insurance policy payments.

When the insured dies, the beneficiary receives a specified percentage of the death benefit payout and the purchaser receives the portion of the life insurance policy that they bought from the policy owner. The type of arrangement enables the policy owner to retain much of the original policy’s value while eliminating the costly monthly payment.

Retained death benefit life settlements can be a win-win for both policy owners and investors. The life insurance policy remains with the original insurance company and Montage Financial Group handles the logistics of the transaction to ensure that both parties are fully satisfied.

How Does A Retained Death Benefit Life Settlement Work?

Blaine talking about retained death benefit life settlementsA retained death benefit life settlement is an appealing alternative to a lump sum payment life settlement. It offers policy owners fast liquidity and peace of mind that they will get to keep a portion of their life insurance policy payout. The process begins when the policyholder applies to Montage Financial Group.

Montage will then evaluate the size of the policy, the life expectancy of the insured and the premium requirements before providing a preliminary offer. Life settlement offers can greatly range based on many factors but are typically 10 to 20 percent of the policy’s face value. An offer is then made with a retained death benefit and the retained portion will generally be 50 percent or less of the policy’s face value.

If the policy owner accepts the offer, a beneficiary for the retained death benefit must be designated and cannot be changed without the beneficiary’s authorization. All transactions are regulated at the state level and can differ from one state to the next.


Our Partners At Montage


Sell A Portion Of Your Life Insurance Policy

Many seniors need to sell their life insurance policy but desire the ability to sell only a portion of their policies to ensure that their beneficiaries receive at least a partial payout when they die. A retained death benefit life settlement is the ideal solution for policy owners that want to retain a percentage of their life insurance death benefit while eliminating all future premium payments. To see if you qualify for an RDB, contact Montage Financial Group online or give us a call at (949) 537-2225 today.

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Montage Financial Group

29222 Rancho Viejo Road
Suite 202
San Juan Capistrano, CA 92675
949.367.7700

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