Discover how to manage health care costs in retirement. Learn about average expenses, Medicare coverage, tips, and how to unlock cash from life insurance.
How to Plan for Health Care Costs in Retirement and Protect Your Savings Read More »
Choosing a nursing home is one of the hardest decisions families face. Whether you’re trying to find care for an aging parent, a spouse, or exploring your own long-term care options, it’s important to understand exactly what qualifies someone for nursing home admission. The decision often comes at a moment of crisis after a hospital
What Qualifies a Person for a Nursing Home? A Compassionate Guide for Families Read More »
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 United States in 2023 was about $206,000, according to Aflac. However the final amount your loved ones receive can vary based on several key factors. A life insurance payout is
Average Life Insurance Payout: How Much You Can Expect to Receive Read More »
Discover how life settlements help seniors turn old policies into cash and why letting go of life insurance can be the smart move.
The Emotional Impact of Life Settlements for Seniors Read More »
Compare life settlements with other senior care financing options like reverse mortgages, annuities, and long-term care insurance.
Life Settlements vs. Other Senior Care Financing Options Read More »
The most common reason for buying life insurance is to provide for dependents when you pass away, but you might be surprised to find out that life insurance can also be used for retirement planning. In fact, there are several ways you can use your life insurance policy to help with retirement finances. In this
How to Use Life Insurance for Retirement: 5 Strategies Read More »
To keep your life insurance policy active, you need to make payments. But what happens if you miss a payment? Your life insurance policy grace period provides a safety net to prevent it from lapsing after a missed payment, allowing you to temporarily retain coverage so your beneficiaries will still receive a benefit if something
How Does the Life Insurance Policy Grace Period Work? Read More »
Hospice care provides a supportive environment for patients and families when you or a loved one is facing the end of life. While healthcare costs can be a concern for many, the good news is that hospice is very accessible and most costs are covered by Medicare. Additionally, you may be able to cover costs
How Much Does Hospice Cost and 6 Ways to Pay for Care Read More »
There are a lot of unknown factors that make planning for senior living difficult, such as if you’ll need care and for how long. However, the cost is one of the hardest things to account for given how expensive senior care is today and data that suggests it will continue going up. The current national
How Can I Pay for Senior Living With No Money? Read More »
A universal life insurance policy can be a valuable tool for retirement planning, as it accumulates cash value over time and can provide a death benefit to help beneficiaries after you pass away. However, things can change over the course of a lifetime and you may find that the policy is unaffordable or no longer
Can I Sell My Universal Life Insurance Policy? Read More »
Harbor Life Settlements, LLC is not a licensed broker or purchaser of life insurance policies. Harbor Life Settlements, LLC is an advertiser that refers qualified policyowners to licensed purchasers of policies. Harbor Life Settlements, LLC does not advertise to residents of Alaska, Kansas, Nebraska, New Hampshire, North Dakota, Vermont, and West Virginia or refer such residents to licensees. Do not proceed if you are a resident of these specific states.
