Categories
Extended (Long-Term) Care Resources

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.

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.