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Life Care Funding
Life Care Funding is an American life settlement company based in Portland, Maine. The company changes life insurance policies into Long Term Care Benefit Plans for customers who cannot afford long-term care. The company was co-founded by Chris Orestis〔 and Don Poole in 2007. Life Care Funding has contributed to legislation reform to help middle-class people to obtain funding for long-term care.〔(【引用サイトリンク】 title=Our Long Term Care Benefit Plan Provider – Life Care Funding )〕
==History==
Life Care Funding was founded in 2007 by Don Poole and CEO Chris Orestis, a life insurance industry lobbyist. The company works with licensed Life Settlement Providers〔 to convert life insurance policies into long-term care benefit funds.〔(【引用サイトリンク】 title=Cost of Assisted Living )〕
The company buys life insurance policies for a portion of their value, paying the policy premiums then collecting the death benefits.〔(【引用サイトリンク】 title=New Firm Swaps Life Insurance Policies for Long-Term Care )〕 The purchase of a life insurance policy is paid into an FDIC insured account which sends monthly payments to a long-term care provider.〔(【引用サイトリンク】 title=Planning Resources )〕〔(【引用サイトリンク】 title=Converting Life Insurance into Long Term Care Benefits: Life Care Funding's Plan )〕
The company is headquartered in Maine and has offices in California and New York.〔
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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