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To offset your the costs of senior care and medical*

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*Policy owners age 70+ may qualify.
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Financial Planning for The Costs of Senior Care

What are the average costs of senior care?

The cost of senior and elder care could be as low as $20 per-hour  or could be as much as $574,000 over 7 years, depending on the type of stay and level of care needed.

Options to pay for senior care include paying out-of-pocket, nest-egg savings, private insurance, long-term-care (LTC) insurance, home equity conversion (reverse mortgage), or life insurance conversions / selling your life insurance policy  (life settlement).

Medicare, Medicaid, and Social Security may officer limited assistance, but they are not designed to sustain senior resident housing  or long term care.

Learn more: Medicare Part A Coverage - Nursing Home Care (medicare.gov)

*Policy owners age 70+ may qualify.

Types of Senior Care Services

The main types of services from least expensive to most expensive include Non-Medical Care, At Home Healthcare, Adult Day Care, Assisted Memory Care, and Nursing Home Care. 

Average 2017 National Cost of Senior Care
Non-Medical
Home Care
$21 / hr
Ranging from about
$15/hr to $26/hr
At-Home
Healthcare
$22 / hr
Ranging from about
$16/hr to $27hr
Adult
Day Care
$72 / day
Ranging from about
$38/day to $125/day
Assisted
Memory Care
$3.7k / mo
Ranging from about
$2.6k/mo to $5.7k/mo
Nursing
Home Care
$83k / yr
Ranging from about
$2.6k/mo to $5.7k/mo

Custodial At-Home Care Costs & Expenses

What is non-medical at-home care? (Custodial care)

Non-medical at-home care is administered by trained caregivers,  also called companion caregiver, custodial caregivers, or home care aides. Usually, non-medical caregivers are an affordable alternative to home-care facilities or a visiting medical caregiver or nurse.

Non-medical at-home caregivers provide personalized services:

Toiletries, bathing, hygiene and dressing

 Social interaction and companionship

 Physical fitness , exercise

 Grocery shopping and meal prep

 Laundry and housekeeping

 Medication reminders

 Mobility and transportation

Non medical caregivers do not administer medications or use medical instruments.

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At-Home Healthcare Expenses

What is at-home healthcare? 

At-home healthcare is administered by trained health aides,  also commonly called Certified Nursing Assistant or Patient Care Assistant. Home health aides usually work under the direction of a nursed or doctor.

Home health aides share similar responsibilities as custodial care workers, but with guidance under a nursing professional.

Toiletries, bathing, hygiene and dressing

 Social interaction and companionship

 Physical fitness , exercise

 Grocery shopping and meal prep

 Laundry and housekeeping

 Medication reminders

 Mobility and transportation

 Vital Signs

 Administer Medications

 Medical Equipment Handing

Get Peace of Mind Today
If you are over 70, you may instantly qualify for an instant cash offer up to 11 times more than the cash surrender value built into your life insurance policy. 

Medicare Part A and Part B may be able to cover a limited portion of medically necessary At-Home healthcare expenses.

Learn more at:
Home Heath Services (medicare.gov)

Adult Day Care Costs & Expenses

What is adult day care? 

Adult day care centers are found in all 50 states. Adult day care staffers assist patients away from home. It usually bills a daily rate. instead of hourly visitation rates. The cost of Adult Day Care is about half of what you would expect to pay for 8 of At-Home services every day.

Services rendered are similar to that of At-Home Healthcare:

Toiletries, bathing, hygiene and dressing

 Social interaction and companionship

 Physical fitness , exercise

 Grocery shopping and meal prep

 Laundry and housekeeping

 Medication reminders

 Mobility and transportation

assist with medical care needs:

 Vital Signs

 Administer Medications

 Medical Equipment Handing

Stop Paying Monthly Premiums
Your life insurance policy is a powerful financial asset to improve your immediate & long term senior living situation. Don't let it lapse. Let us worry about the monthly premiums. Contact us today to learn more.

Adult Assisted Living and Memory Care Costs & Expenses

What is adult day care? 

Adult day care centers are found in all 50 states. Adult day medical personnel and staff assist patients in a senior care center. It usually bills a monthly residency. The cost of Adult Assisted Living is typically triple more than what you would expect to pay for Adult Day Care services.

Services rendered are custodial and medical:

Toiletries, bathing, hygiene and dressing

 Social interaction and companionship

 Physical fitness , exercise

 Laundry and housekeeping

 Medication reminders

 Mobility 

 Vital Signs

 Administer Medications

 Medical Equipment Handing

 Disease Treatment

Get Cash For Senior Care Now
Find out if your eligible to get a cash offer and cash out on your insurance policy in less than 10 days.

Nursing Home Care Costs & Expenses

What are nursing homes?

Nursing homes, or Skilled Nursing Homes, care centers are found in all 50 states. Adult day medical personnel and staff assist patients in a senior care center. It usually bills a monthly residency. The cost of Adult Assisted Living is typically triple more than what you would expect to pay for Adult Day Care services.

Services rendered are custodial and medical:

Toiletries, bathing, hygiene and dressing

 Social interaction and companionship

 Physical fitness , exercise

 Laundry and housekeeping

 Medication reminders

 Mobility 

 Vital Signs

 Administer Medications

 Medical Equipment Handing

 Disease Treatment

Attain Financial Independence
Use the cash from selling your life insurance policy to enjoy your senior living for years to come.

Medicare provides limited coverage for skilled nursing care provided in a skilled nursing facility (SNF).

Learn more:
Skilled nursing facility (SNF) care. (medicare.gov)