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    Q Life Settlments Blog

February 27, 2019

Seniors May Be Able To Use Life Insurance To Cover Long-Term Care Costs

A bill has been introduced in Congress which would allow seniors to use life insurance policies they own to cover a whole variety of health costs, including long-term care. The bill is sponsored by Representative Brian Higgins (D-NY) and Representative Ken Marchant (R-TX), and its intent is to allow seniors to improve quality of life in their later years.