If you're looking for an assisted living community for you or a loved one and wondering how to pay for it, you're not alone. Typically, assisted living homes only accept private-paying customers, and only 13% of seniors can afford it on their own. Selling a home might be an option, but that could take months. How can you afford the gap between when you move into a facility and when you sell your home?
Selling an unneeded life insurance policy may be able to cover the expenses of assisted living while you sell your home, allowing you the time to get the best value for your home while living comfortably.