Tackling the Costs of a Serious Illness
Posted on | November 29, 2007 |
If you or someone you care about has been diagnosed with a serious illness, you may have already discovered that dealing with actual health issues is just part of the individual puzzle you must reassess and reassemble.
One major hurdle: paying the health care bills. However, there are solutions out there. Our guest columnist and licensed insurance agent, M. Bryan Freeman, explains one often over-looked solution: life settlements.
Basically, a life settlement is the sale of an existing life insurance policy. Although life settlements are usually undertaken by relatively healthy seniors for financial- and estate-planning reasons, people with serious illness also may qualify.
Learn more - read M. Bryan Freeman’s article here…
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January 11th, 2008 @ 6:49 pm
My mom is a baby boomer and she is 60 years old and puts money away every month to have a nurse come into her home when she can’t take care of herself anymore. At first I thought it was wasted money…but not so much anymore. I feel it is necessary to start putting money away for long term health care…sooner than later. What are Baby Boomers to do, due to the shortage in Nursing care?
See article on Dailycents.com at http://blogs.dailycents.com/?p=803