Partial Policy Life Settlements with LifeRoc Capital Offer Enhanced Financial Flexibility to Policyholders
A New Era in Life Insurance Planning
Retained Death Benefit life settlement can provide policyholders an option to access the value of their life insurance while they are still alive, with financial alternatives for policies that are no longer needed, wanted, or affordable. RDBs can be used in full, or in a potential hybrid approach, and are part of a suite of wealth management tools used in LifeRoc's commitment to facilitate flexible life insurance planning for seniors.
"Partial Policy Life Settlements can help provide immediate liquidity for policy owners, but also a future death benefit for their beneficiaries. It's the best of both worlds," said
Adapting to Demographic Shifts: Clarifying RDB Benefits
When a policyholder opts for an RDB life settlement, LifeRoc purchases the policy for a lump sum and LifeRoc's designees become its new owner, taking over future premium payments on the policy. This arrangement frees the original policy owner from further financial responsibility for premiums. And after the policyholder's death, the beneficiary the policy holder named is still paid a specified portion of the death benefit by the insurance company – in a win-win scenario for all those involved.
With an aging
Key Benefits of Choosing RDB:
- Flexibility for the Policy Owner: Policyholders may retain a death benefit portion while also potentially getting access to immediate cash.
- Relief from Premium Payments: Transfers the responsibility of premium payments to the purchasing life settlement funder.
- Death Benefit for Beneficiaries: enables beneficiaries to receive the retained death benefit directly from the carrier, providing peace of mind to the policyholder.
- Flexible Hybrid Offers: Offers the possibility of negotiating a combination of cash payment and retained death benefit, enhancing the policyholder's financial flexibility.
The RDB presents a unique opportunity for policyholders to navigate their financial planning with greater control and assurance. By opting for an RDB offer, policyholders can unlock the value of their life insurance policies now, without completely relinquishing the benefits they have planned for their beneficiaries. Not available in all states.
Get started by speaking with an expert and request a free policy appraisal today. And follow LifeRoc on social media to learn more about individual policy valuation options: LinkedIn, Facebook, YouTube.
About
LifeRoc is a licensed direct life settlement provider helping professional advisors unlock the value of life insurance policies for their clients. Partnering with the nation's top financial institutions, independent trust firms, financial planners, attorneys, and CPAs, LifeRoc navigates the intricate world of life settlements with a high-touch concierge approach. LifeRoc serves high net worth and ultra-high net worth markets as a premier settlement partner. Learn more at www.LifeRocCapital.com.
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