Medicaid Life Settlement

Medicaid Life Settlements provide an option to elderly Policy Owners who have a direct need to pay for Long-Term Care, In-Home Care, or Assisted-Living, and are considering going on Medicaid.

As the cost of Long-Term Care services continues to balloon every year, Senior Americans increasingly find that the effort and hard work put into saving for their retirement just isn’t enough to cover their need for care. Many find themselves in limbo: their current assets make them ineligible for medicaid, but they also don’t have the funds to cover Long-Term Care. Many Seniors end up liquidating all of their assets, including their life insurance policy, so that they can qualify for Medicaid. A Medicaid Life Settlement allows qualified candidates to get the funds they need, without forcing them to liquidate everything they own and keeps them off of Medicaid.

The Congressional Budget Office estimates that by 2050, 20% of the US population will be above 65 years of age. As the number of Seniors continues to rise, so too does the cost of long-term care. The Department of Health and Human Services found that the costs for long-term care can rise as high as $6,965 each month, yet, according to the US Census Bureau, the average monthly fixed retirement income is only $1,105 for Americans over 65. It’s no wonder that so many Seniors are worried about paying for Long-Term Care!  

While a Long-Term Care Insurance rider is more common these days, most Senior American’s purchased policies before this was commonplace. Similarly, most Senior’s don’t have long-term care insurance, and are forced to liquidate their assets to qualify for Medicaid programs.

In order to avoid the indignity of selling their assets, qualified Seniors may opt for a Medicaid Life Settlement. A Medicaid Life Settlement allows Senior Policy Owners to convert their life insurance into a FDIC-insured Long-Term Care Benefit account. This account, administered by a financial professional, makes payments directly to care provider of their choice.

If you have an immediate, direct need for Long-Term Care, will appraise your policy for free, without any obligations. Contact us today, and our helpful representatives will help determine if you qualify, connect you directly with a licensed buyer, and will handle all of the paperwork for you.

You May Qualify For A Medicaid Life Settlement If:

Who qualifies for Medicaid Life Settlement?

Applicants are typically over age 75, but there is no age minimum to qualify if your health has slipped and you have an immediate need for long term care. You must have an in-force life insurance policy, and all types of insurance are eligible. Please do not be one of the Americans who throw away cash each year, at the very moment in their life when they could use it the most. More than 80 percent of all life insurance policies lapse or are abandoned before they ever pay out in a death benefit. It is customary to cancel your life insurance policies as you qualify for Medicaid.

A Medicaid Life Settlement quite literally takes that insurance policy that you were going to cancel and changes it into cash payments for your care and you pick the provider. There are no fees or obligations to have your life insurance policy valued. Many states are initiating legislation encouraging seniors and those needing care to first have their life insurance policies reviewed before canceling. It makes sense, because not only do you get the care that you choose, but the taxpayers do not have to pay for it. It is truly a win-win proposition.

No Minimum Age

Qualified candidates typically have a life expectancy of five years or less, and reside within any state in the US.

You Have An In-Force Life Insurance Policy Of Any Type

All types of life insurance can qualify, as long as the policy is still in-force

You Are In Need Of Long-Term Care

Qualified candidates typically have an immediate need of long-term care, in-home care, hospice care, or assisted-living.

Policies Of All Sizes Are Eligible

Qualified candidates own a policy with a benefit value of at least $50,000 – Policies without any cash value are absolutely eligible.

“ connected me with a direct buyer who purchased my life insurance policy. The Buyer was excellent to work with through the entire transaction. I know they worked hard to get me the cash I needed, just 2 days before Christmas.”


If you are considering canceling or surrendering your life insurance policy, please speak with us first.

We offer free, no-obligation qualification assessments. Not knowing your options could cost you thousands of dollars in hidden value.