Insurance Solutions for Senior Living & Care
Are you wondering if yours or a loved one’s Life Insurance policy can be used to pay for senior living and care? In many cases, the answer is yes! If you own a life insurance policy and you no longer need it, cannot afford it or wish to realize value for it today, help may be available. So do not let your policy lapse before contacting Elderlife! Depending on your situation and policy, you may be able to convert, sell or borrow against a life insurance policy to pay for senior housing and/or care expenses. With some programs, you can potentially preserve the insurance benefit for your designated beneficiaries and still realize proceeds today.
Our network of licensed insurance and lending professionals can work with you to understand your policy and determine your options. Simply contact us and we’ll connect you with an agent to determine if your life insurance policy can help pay for immediate or longer-term housing and care.
We also have a team of specialists that can help you navigate the complexities of a Long Term Care Insurance policy. The benefits and limitations can be confusing. Claims submission and processing are cumbersome. So call us today!
Elderlife is Ready to Assist
And remember, if you have a short-term funding gap, our Elderlife Line of Credit can turn monthly home care or senior living community expenses into affordable payments today. While you wait for insurance benefits to be realized, our financing options can help you pay for senior care and give you peace of mind. In one easy call you can have funding in less than 24 hours. We look forward to welcoming your family into ours.