Daughter is a lawyer and helps her parents convert policy to pay for assisted living.
Mom and Dad wanted to move closer to their daughter and to enter an Assisted Living facility due to health concerns. Their daughter conducted some research and found Life Care Funding while searching for assisted living facilities. Her parents sold their home to prepare for the move and applied convert to their $150,000 life insurance policy. Their daughter is a lawyer and worked closely with Life Care Funding to assist her parents throughout the application and enrollment process to make sure everything went well for her parents. She was very impressed with how the Long Term Care Benefit Plan is administered, and her parents were able to quickly move into the assisted living community of their choice only a few minutes’ drive from her house.
Monthly Benefit – $2666.67
Benefit Period – 15 months
Death Benefit – $5000