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Use Your Life Insurance to Pay for Senior Care

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Did you know??

 

For many seniors, they either cannot afford to pay the premiums, or the plan to lapse or surrender their policies to qualify for Medicaid. What they don't realize is that they have the legal right to convert their policies into a Long Term Care Benefit Plan and are able to immediately direct payments to cover their senior housing and long term care costs. Converting a policy allows the senior to remain private pay- meaning they are not reliant on public assistance and can choose the form of long-term care the they want:  Home care, Assisted Living and skilled Nursing, Hospice or Memory Care

 

 

 

 

 

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Guest Tuesday, 26 September 2017
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