See the cost of term and whole life insurance policies by age and gender, plus other helpful information you should know.

The rising cost of senior care can be overwhelming, but there are multiple ways to pay for assisted living even without significant savings. Options include government programs like Medicaid and VA benefits, long-term care insurance, and life settlements, where you can sell your life insurance policy for a lump-sum payout. Additional financial resources, like Social Security and nonprofit support, can also help reduce out-of-pocket expenses. By exploring all available options, you can ensure that you or your loved one gets the care they need without financial strain.

Senior care covers a variety of services that help older adults maintain independence, safety, and quality of life as they age. Options range from at-home healthcare and adult day care to assisted living, nursing homes, and memory care facilities. Choosing the right type of care depends on health needs, financial resources, and personal preferences. For many families, financial tools such as life settlements can provide valuable funding to cover the costs of long-term care.

See the cost of term and whole life insurance policies by age and gender, plus other helpful information you should know.

See the cost of term and whole life insurance policies by age and gender, plus other helpful information you should know.

Life insurance offers important financial protection, but many people wonder how much their loved ones will actually receive. The average life insurance payout in the