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Last updated on April 16, 2014 at 17:34 EDT

Latest Life Care Funding Stories

2013-10-31 08:32:58

Life Care Funding converts a Life Insurance Policy into a Long Term Care Benefit Plan to help seniors pay for Homecare, Assisted Living and Nursing Home Care PORTLAND, Maine, Oct. 31, 2013 /PRNewswire/ -- Life Care Funding announced today the introduction of the Life Care Benefit Plan to five of the top ten Private Duty Homecare Franchises in the United States: First Light, Griswold, Senior Helpers, Synergy, and Visiting Angels. Life Care Funding converts a Life Insurance Policy...

2013-06-20 20:22:08

Move seen as solution for cash-strapped seniors needing care in the home and other assistive services PORTLAND, Maine, June 20, 2013 /PRNewswire/ -- Owners of a life insurance policy have the legal right to convert a death benefit into a living benefit to pay for Elder Care services of their choice. New legislation is making sure that they are informed of their rights. As highlighted in the Wall Street Journal article of June 17th, "States Ease use of Life Policies for Elder Care,"...

2013-04-23 12:32:32

Conversion option in LD 1092 provides alternative funding choice for seniors facing long-term care decisions AUGUSTA, Maine, April 23, 2013 /PRNewswire/ -- WHAT: Chris Orestis, CEO, Life Care Funding, will testify before the Maine Senate Committee on Insurance and Financial Services. LD 1092 is the first bill in...