Life Settlements | Tools for Estimating Value of Life Insurance » Day Services http://www.thelifesettlementnetwork.com Sat, 11 Jun 2011 16:48:14 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 What does $24k buy? http://www.thelifesettlementnetwork.com/what-does-24k-buy/ http://www.thelifesettlementnetwork.com/what-does-24k-buy/#comments Thu, 02 Oct 2008 19:03:19 +0000 http://thelifesettlementnetwork.com/blog/?p=8 MetLife released the results of a survey this week that showed the average cost of Adult Day services (when a health aid visits a senior in their home) is up 5% in 2008 to $64 per day.  That ends up being a cool $24,000 per year.  If you happen to live in Vermont – the average is $141 per day or over $50,000 a year!

Long-term care insurance can help offset or eliminate much of these costs.  Selling unwanted or unneeded life insurance is one way to help fund the purchase of long-term care insurance.

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