An Option For Policyholders Who Want Both Cash And Coverage

Many seniors are learning that life insurance is more than just a safety net—it’s a financial asset. While a full life settlement involves selling an entire policy for a lump-sum cash payment, there’s another option that offers flexibility: a partial life settlement with a retained death benefit.

This option allows you to sell part of your life insurance policy, get cash now, and still keep a portion of the death benefit for your beneficiaries. For policyholders who want immediate funds without giving up all their coverage, it can be an attractive middle ground.

What Is a Partial Policy Life Settlement?

A partial policy life settlement, also known as Retained Death Benefit (RDB) is when you sell a portion of your life insurance policy to a licensed provider. In exchange, you receive a lump-sum cash payment, and the funder assumes responsibility for a future premiums.

The part of the beneficiary interest that you don’t sell is structured to provide a retained death benefit—meaning your beneficiaries will still receive a payout when you pass away during the retained death benefit period, even though you accessed part of the policy’s value during your lifetime.

How a Retained Death Benefit Works

With a retained death benefit:

• You received some cash upfront..

• You no longer pay premiums on the policy.

• Your beneficiaries will receive the retained coverage.

This approach is especially valuable for those who:

• Need immediate liquidity but want to keep some life insurance protection

• No longer need the full original face value of the policy

• Want to reduce or eliminate premiums while maintaining coverage for the beneficiaries

Benefits of a Partial Life Settlement

Choosing a partial sale with a retained death benefit can provide:

• Cash now for medical care, debt reduction, home improvements, travel, or retirement needs

• Ongoing financial security for your loved ones through the remaining death benefit

• No premiums on the retained portion of your coverage

• Flexibility to use your policy as both a living and death benefit

Who Qualifies For A Partial Policy Life Settlement?

A partial policy life settlement can be ideal for:

• Seniors with policies valued at $100,000 or more who no longer need the full coverage amount.

• Clients 65 years of age or older.

• Policyholders who want to share their policy’s value with family now and later.

• Your policy or situation allows for a partial settlement.

Why Families Work With LifeRoc

Partial policy life settlements are more complex than full sales, so working with experienced professionals is important. LifeRoc has a proven track record wtih:

• Over $20 billion in life insurance face value settled in our careers

• A large, leading network of funders, which helps secure attractive offers

• No third-party broker commissions, so 100% of the offer goes directly to the policyholder

• A streamlined process managed by a team with extensive life insurance and settlement expertise

We help you evaluate whether the benefits of a partial policy life settlement ensure the retained death benefit is structured to meet your goals, and handle every detail with you from start to finish.

Take The First Step—With No Obligation

If you’re considering selling your life insurance policy but want to keep some coverage in place, a partial life settlement with a retained death benefit may be the solution.

Request a fast, free appraisal or talk to a LifeRoc policy expert today to learn:

• If your policy qualifies for a partial sale

• How much cash you could access now

• What retained death benefit your beneficiaries could still receive

Start your confidential policy review now.

Because you don’t always have to choose between financial flexibility today and security for tomorrow.

Contact us today to learn more about your options. Fill out the form below or give us a call at (833)678-7355 — our team is here to help you every step of the way.

Have more questions? Visit our Frequently Asked Questions Page