“The two most important driving forces for the federal budget are the aging of the U.S. population and rapidly rising health-care costs.” - Federal Reserve Chairman Ben Bernanke Life Care Funding Group (LCFG) specializes in converting the death benefit of an in-force life insurance policy into a long term care benefit plan to cover the costs of skilled nursing home care, assisted living, and home healthcare.

“Untold numbers of seniors have been devastated by the investment markets’ 2008 collapse and are searching for new ways to fund their retirement.” –Insurance Studies Institute

“The housing crisis has kept thousands of Americans who need support and care from moving into retirement communities or assisted living centers, effectively stranding them in their own homes.” –New York Times

“In the coming decades, many Americans will not have a way to pay for long-term care services. As the population is aging, the need for long-term care services is exploding. However, as the need for services increases, government funding will not be able to keep up, undermining a critical component of the nation’s health care delivery system.” –The Long Term Care Funding Crisis Milliman Consulting

The Assurance Benefit is a “Funding Bridge” to help families pay for the costs of senior living and long term care by converting an in-force life insurance policy they no longer need or can no longer afford while preserving other more valuable assets.

Q: Is it Time to Consider Converting a Life Insurance Policy into a Long Term Care “Assurance Benefit”? A: If a policy owner has outlived the purpose of a life insurance policy, can no longer afford the premiums, and is spending down assets to eventually qualify for Medicaid—then converting a life policy to help pay for long term care should be considered.

A Life Insurance Policy is legally protected as personal property by the US Supreme Court and the policy holder has the guaranteed right to convert it to pay for Long Term Care and Senior Housing. A Life Insurance Policy is a Financial Asset just like a stock or bond. Supreme Court case Grigbsy v. Russell (1911) - Justice Oliver Wendell Holmes

Life Care Assurance Benefit Converts the death benefit of a life insurance policy into a long term care benefit to cover the costs of Senior Living and Long Term Care. Simple application and review process (30-45 days) No age or policy size minimum No premium payments All types of in-force life insurance qualify Fixed payments made directly to care provider/facility Preserves partial death benefit Provides Final Expense funeral benefit Benefit can stop and start or be adjusted to match changing needs SNF, AL, Home Health and Hospice all qualify

RESOURCES Educational materials to inform everyone about the benefits of “Funding Solutions” and how the process works: - Website - Brochures - Articles and White Papers - Seminars - Phone Support

Assurance Benefit Enrollment Example #1 Case Study: A Policy owner: 73 Female Policy value: $100,000 (UL) Lapse Value: $0 Cash Value: $0 Assurance Benefit: $35,000 or 35% of death benefit Enrollee approved for $35,000 total benefit with $2,000 per month payment to care provider for duration of benefit period. $5,000 Final Expense benefit issued at maturity.

Assurance Benefit Enrollment Example #2 Case Study: H Policy owner: 70 Male Policy value: $250,000 (term) Lapse Value: $0 Cash Value: $0 Assurance Benefit: $150,000 or 60% of death benefit Enrollee approved for $150,000 total benefit with a $30,000 initial benefit payment to cover first three months of care and $10,000 per month payment to care provider for duration of benefit period. $5,000 Final Expense benefit issued at maturity.

Assurance Benefit Enrollment Example #3 Case Study: D Policy owner: 86 Male Policy value: $90,000 (UL) Lapse Value: $0 Cash Value: $0 Assurance Benefit: $31,500 or 30% of death benefit Enrollee approved for $31,500 total benefit with $1,800 per month payment to care provider for duration of benefit period. $4,500 Final Expense benefit issued at maturity.

Consumer: Convert an asset they already own and will abandon into a long term care benefit plan that will provide private pay dollars to their preferred form of senior housing and care. Provider: Long term care service provider receives private pay funding for services over a guaranteed timeframe without disruption from cutbacks in Medicaid reimbursements. Medicaid and Tax Payers: Extend the ability to keep a person private pay and delay entry onto Medicaid generating considerable savings to stressed Medicaid budgets and tax payers. Who Benefits and How?

Life Care Funding Group, LLC Phone: Fax: “Long-term care is the sleeping giant of all U.S. social problems. It is most certainly the biggest age-related challenge our country faces.” – National Endowment for Financial Education