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Elder Care Information |
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Paying For Elder Care Just Got Easier
It's not a surprise that thousands of families across the nation are facing the challlenges of an aging population. The "sandwich" generation, those who are caring for their children as well as their parents, have been feeling the financial pinch of caring for loved ones. Paying the high cost of Elder Care can cost a family thousands of dollars a month. Too many families are unaware of how utilizing a loved one's life insurance policy can not only pay for Assisted Living and Nursing Home care, but can maintain the standards of living for the remaining spouse. Not too many financial specialist inform their clients who have purchased life insurance policies with a death benefit over $250,000 that they can utilize a somewhat unknown option on their life insurance to pay for the high cost of Elder Care. It is called a Life Settlement and it can fully take the financial burden off of families who struggle to keep their loved one in a quality facility. A policy owner has the right to sell his or her life insurance policy to an institution for signifantly more than the cash value of the policy. For example, a life insurance policy with a $500,000 death benefit and a $75,000 cash value can be purchased for $250,000 and up. This money can be used now to pay for assisted living, nursing homes as well as in home services also. The procedure is relatively quick with minimal paperwork. It is senseless to struggle financially to pay for the needs of elderly loved ones when they can utilize their life insurance policy to pay for care. Many, many times life insurance policies lapse when a loved one goes into assisted living or a nursing home just out of financial neccessity as well as through medicaid planning. Instead of letting a policy lapse or into surrendership, smart families are looking into life settlements as a funding source for the high expense of Elder Care. Chuck Bongiovanni, M.S.W. has been helping seniors and their fanmilies for over 20 years in the assisted living industry. Chuck can help your family investigate your options for paying for Elder Care through a Life Settlement. You can go to his website at http://www.LifeTransitionsOnline.com or call him directly at 480-703-7005.
MORE RESOURCES: NTI Invests in Community Facilities for Elder Care Nunavut Tunngavik Inc. Eugeria Acquires Eldergrow, Relaunching Trusted Therapeutic Gardening Program for Senior Living PRWeb Please Provide Input On Elder Care In South Dakota Vermillion Plain Talk Physiotherapy Elder Care Outpatient Clinic at Vancouver General Hospital Vancouver Coastal Health Guiding Souls Home Care Continues To Set New Standards In Elder Care In Sacramento The Globe and Mail 'Don't open another bed': St. John’s doctor says there's a better way to keep seniors out of long-term care PNI Atlantic News Frailty Nova Scotia Health Help! I Can’t Believe the Disgusting Thing My Father Did at My House. I Demand an Explanation. Slate Why Cameras Are Popping Up in Eldercare Facilities KFF Health News ‘What they wanted to see’: Rankin Inlet elder facility to welcome 22 residents in April Nunatsiaq News Nova Scotia Health’s Dignity of Risk Program leading change in caring for older adults living with frailty and dementia Nova Scotia Health Elder Care Homecare Expands Commitment to Families with Specialized In-Home Care for ALS in New York City The Globe and Mail Canada’s aging crisis and a call for reform in eldercare The Hill Times Robots comfort seniors at care center China Daily Stepping towards better health: Early Mobility team wins Nova Scotia Health Quality Award Nova Scotia Health BPK student research looks to history to find a way forward for Indigenous elder care Simon Fraser University Senior Care Authority Celebrates Major Wins and Welcomes Four New Franchisees in Q1 2025 Yahoo Finance Bay of Quinte Mohawks donate $60K each to Elder Care Home project, Belleville General Hospital Foundation Kingstonist News Video: How the Immigration Crackdown Threatens Elderly Care The New York Times Initiative to address women’s care load in Africa expands with two new projects | IDRC IDRC - International Development Research Centre Anglican elder care specialist and advocate named to Order of Canada The Anglican Journal WHO calls for urgent transformation of care and support systems for older people World Health Organization (WHO) Digitalization for Improving Elder Care Asian Development Bank President's Budget Proposal for FY26 Harmful for Aging Service The National Council on Aging (NCOA) Companion Care - Robotic devices are becoming more prevalent for senior care and companionship Trend Hunter Geriatrics Sinai Health Teaching university students to be ‘age-conscious’ could help address our elder care crisis University Affairs Morning Pointe Foundation’s Caregiver Café Answers Tough Questions On Elder Care Chattanoogan.com: Breaking News When Elder Care Is All in the Stepfamily The New York Times What to expect with APAC’s elder care products market? Healthcare Asia Magazine Why Cameras Are Popping Up in Eldercare Facilities The New York Times Evolutionary game analysis of building a sustainable intelligent elderly care service platform Nature Bonjour Résidences at the SMASH Conference in Las Vegas: Technological Innovations for Senior Care Bonjour Résidences Opinion - Gene Hackman’s final days reveal America’s elder care crisis Yahoo News New Zealand MHA grad rewrites policy to benefit elder care USC Price School Norbert Health and Lumina Care Announce Strategic Partnership to Transform Elder Care through AI Technology Business Wire Ageing and health World Health Organization (WHO) Opinion | The Decline in Geriatric Care Hurts Us All The New York Times LifeWorx Celebrates 20 Years of Delivering Peace of Mind The Inside Press America’s ‘Silver Tsunami’ Crisis Is Only Just Beginning Bloomberg.com AEDs for Retirement Homes and Elderly Care Zoll Medical Geri Care Opens First Assisted Living Center in Bengaluru Rediff MoneyWiz Bots of care: Can robots ease China’s elder care challenge? Borneo Post Online Federal Labor commits to additional $10 million for aged care respite beds in Canberra after facility closure announced Australian Broadcasting Corporation Seniors Housing Operating Performance Cushman & Wakefield Elder Care Graduates in Hot Demand in China Sixth Tone Healthcare Television - Healthtech brands merge entertainment with smart healthcare solutions. Trend Hunter Press Release Distribution & PR Platform ACCESS Newswire Kenosha CNA Accused of Assaulting Elderly Resident at Care Facility Kenosha County Eye Sunnybrook Leads the Way: First Canadian Hospital to Achieve Age-Friendly Health System Status Sunnybrook Hospital China to use AI in elder care as population ages: official The Economic Times Elder care practitioner Jade Jasken joins Essentia Health St. Mary’s-Detroit Lakes Clinic Essentia Health Georgia State University, A.G. Rhodes Launch Innovative Elder Care Partnership Georgia State University News New long-term care home opens in Comox Valley BC Gov News Automation Solutions for an Aging Society: The Future of Elder Care A3 Association for Advancing Automation A nursing care worker who was caring for the elderly with dementia continuously abused the elderly. 매일경제 Geri Care launches an assisted living centre for elders in Bengaluru Express Healthcare B.C. judge orders $1.2 million home returned to victim in shocking case of elder abuse Vancouver Sun Ontario Building New Hospital in Moosonee ontario.ca Long-Term Care, Retirement Home and Elder Care Lodge Resources HKPR District Health Unit |
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