Strategies for Leveraging Life Insurance Insurance Cash-Outs for Elderly Care with Lisa Rehburg

Caring for Your Aging Parents

Caring for Your Aging Parents

Season 01 Episode 13

Strategies for Leveraging Life Insurance Insurance Cash-Outs for Elderly Care with Lisa Rehburg

Have you ever wondered about ways to ensure long-term care for your elderly loved ones without breaking the bank? Our special guest, Lisa Rehburg, an expert in life insurance policies with her company Rehburg Life Insurance Settlements, unveils how seniors can unlock the potential of their life insurance policies to fund extended or long-term care. A must-listen for those in their 50s and older, this episode is a trove of invaluable information about the regulated process of cashing in life insurance policies and its significant benefits, especially when health and well-being are a primary concern.

Cashing Out Life Insurance Policies to pay for Senior Care

When it comes to deciding whether to cash out a life insurance policy, the details can be overwhelming. Lisa, however, skillfully untangles the complexities for us. From discussing the types of policies that can be sold to talking through the potential uses of the cashed-out funds, she also provides guidance on how to approach these discussions with your parents. With a free consultation process up her sleeve and a couple of pieces of good news to share, Lisa's advice is sure to enrich your understanding.

Accessing Funds for Senior Care

Lastly, we delve into the often murky waters of accessing funds for elderly care. Lisa's practical advice on understanding different policy types to the art of navigating conversations with loved ones about the process is guaranteed to guide you every step of the way. We also explore the how-to of cashing in a life insurance policy for seniors with Lisa's expert guidance. A lesson packed with a wealth of information, this is an episode you wouldn't want to miss.

Using a Knowledgeable Life Insurance Broker

Lisa has been in the insurance industry for over 30 years. Before she started her own insurance agency, she worked in corporate running sales teams nationwide. She found that working with seniors assisting them with life insurance settlements for their care was more rewarding so she made the move to build her own insurance brokerage. Having a passion for helping advisors and their clients, selling life insurance to fund senior care is a solution which continues to increase in relevance, as our senior population grows.

(00:23) Elderly Care Life Insurance Cash Out

(11:49) Insurance for Older Clients and Health

(16:17) Understanding Life Insurance Policy Cash Outs

(26:04) Accessing Money for Elderly Care

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