"What Happens To My Cash Value When I Die? Does My Cash Value Pay Back The RELOC™? This topic is one I hear often AND one that even financial professionals misunderstand – not to mention consumers that find it confusing, so I am glad to take a minute and explain how Cash Value works. In the MPI® plan, there are 3 buckets of money. Each one is both independent of the others and working together to provide you with your best future. Bucket #1 is your life insurance contract. This amou...