Pay for Assisted Living Expenses with a Life Settlement
You can now convert your life insurance policy into immediate cash payments to pay for assisted living. Your Term Insurance, Group Insurance and even life insurance policies with no cash value may have hidden value as a life settlement, and can be used when paying for assisted living. In-home senior care and assisted living qualify to be covered by a Medicaid life settlement. Non Medicaid facilities also qualify and no Medicaid approval is needed.
Take control of the quality of care your loved one receives while in an assisted living facility. Before you sell valuable assets or drop a life insurance policy to qualify for Medicaid, see if you qualify for the Long Term Care Benefit Plan. Qualifying for the benefit is quick and uncomplicated.
Elderly Americans are throwing away Billions of dollars of cash each year and at the very time they could absolutely use it the most. More than 80 percent of all life insurance lapses or cancels before it ever pays out in a death benefit. See if you Qualify to Convert your life insurance plan into payments for long term care and do not just throw it away.
Assisted Living Medicaid Life Settlement:
• Simple, no-cost application and review process
• Quick approval and funding (no wait periods)
• No age minimum
• No premium payments
• All types of in-force life insurance qualify
• Monthly payments made directly to care provider/facility
• Provides Funeral Expense benefit
Every Year, Millions of Seniors Abandon a Life Insurance Policy and Get Nothing In Return…
Any life insurance policy can be converted to pay for assisted living expenses. If a policy owner no longer needs, or can no longer afford their policy, and is considering letting it lapse or surrendering it for the remaining cash value-then converting it into a Medicaid Life Settlement Plan is a new option.
You can convert a life insurance policy to pay for assisted living care expenses.
Before you just cancel your life insurance policy, please take the time to see if it qualifies to be converted through a life settlement. Please also share this message with those you know that may be facing a similar situation. Information and education is the key to making an informed decision.