At Provision Living, we understand the challenges brought upon all of us during these economic times. That is why we are pleased to offer "third party" financial solutions to help simplify payment choices, and give families flexibility.
The Elderlife Line of Credit
The Elderlife Line of Credit is especially designed to help seniors move into the living community of their choice. Fast funding and low monthly payments allow for more time and flexibility to:
- Pay for housing and care while waiting for a home to sell, or while waiting for Veterans Benefits to arrive
- Finance move-in fees or supplement monthly rent
Anyone, regardless of age, is eligible to apply. To learn more about how Elderlife can help your family simplify payment for senior living:
Veterans Aid & Attendance Benefit
Many families do not know that the U.S. Department of Veterans Affairs offers an Aid and Attendance benefit for qualifying seniors and their spouses to help with the cost of senior living.
- Eligible veterans
- Surviving spouses of veterans
- Couples
Depending on needs and financial standing, seniors can receive roughly $1,000 to $1,900 per month . For more information visit www.veteranaid.org/program.php or ask our community to connect you to a local representative.
Long-Term Care Insurance
Many seniors purchased long-term care insurance. We often find they may not have shared this information with others in the family. It is important to look into whether a long-term care insurance policy is in effect as many policies frequently do pay for some or all of a senior's stay in a senior living community.
