Life Care Funding was the first to pioneer the concept of converting a life insurance policy into a Long Term Care Benefit Plan. A Long Term Care Benefit Plan is the conversion of an in-force life insurance policy into a pre-funded, irrevocable Benefit Account. The Account is professionally administered and tax-free payments to a long term care provider are made monthly on behalf of the individual receiving care.
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Life Care Funding
Life Care Funding was the first to pioneer the concept of converting a life insurance policy into a Long Term Care Benefit Plan. A Long Term Care Benefit Plan is the conversion of an in-force life insurance policy into a pre-funded, irrevocable Benefit Account. The Account is professionally administered and tax-free payments to a long term care provider are made monthly on behalf of the individual receiving care.
