Converting Life Insurance to Fund Care

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Many seniors and their families don't know they can pay for senior care using a life insurance policy they may not need or can no longer afford. This fact sheet will give you many answers to the questions families are asking you.

Download “Life Care Funding Fact Sheet” LifeCare_Funding_FAQs.pdf – Downloaded 13 times – 1 MB

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Life Care Funding converts the death benefit of an in-force life insurance policy into a Life Care Benefit Plan. The enrollment process is specifically designed to address immediate needs to pay for long term care services. Learn about the two requirements to enroll in a Life Care Benefit Plan tailored to your specific needs.

This Fact Sheet Covers:

  • How to convert a Life Insurance Policy into a Long Term Care Benefit
  • Who can take advantage of a Life Care Benefit
  • Why you should consider this option
  • Examples of Life Care Benefit Enrollment
  • and more!