What is a

Long-Term Care Life Settlement?

Long-Term Care Life Settlements are unique. The Funder converts part of the policy’s death benefit to an FDIC-insured Long-Term Care Benefit Account. The Account’s FDIC-approved Trustee pays for all forms of licensed Long-Term Care. If the Insured dies before exhausting the Account, its remainder would be paid to the beneficiary. There is a separate Final Expense Benefit. The transaction is Medicaid-compliant and tax-exempt.