November is Long-Term Care Awareness Month
Qualified applications must include:
- Policy insured age 65+ with impaired health
- Policy size $100,000 death benefit or greater
- Policy type Universal or Term (Convertible)
- Policy in-force for a minimum of 2 years
the docks of Maine! Retirement Genius will ship via
FedEx overnight delivery upon confirming address.
STEP 1:
COLLECT DETAILS & AUTHORIZATION
Collect information about the life insurance policy and the insured using the Life Settlement Authorization form below:
STEP 2:
SUBMIT INFORMATION
Submit the details you collected by uploading the completed Life Settlement Authorization form.
STEP 3:
POLICY ANALYSIS & RESULTS
Retirement Genius will evaluate the information to determine life settlement eligibility. If the policyowner qualifies, they may receive an offer from a licensed life settlement provider to purchase the policy.
Incentive dates: November 1, 2025 through November 30, 2025.
Twin Live Lobsters provided by Retirement Genius for each approved qualified case submitted, regardless of whether policy is ultimately sold for life settlement. Agent Referral Bonus will equal 1.5% of life insurance face amount OR 7.5% of provider offer, whichever is less.
Must be a GoldenCare-appointed agent to participate. Contest rules may change without notice. Some restrictions may apply. Final qualification criteria, agent participation, winnings and all contest decisions rest with Retirement Genius & GoldenCare.
CASE STUDY A
$100,000 death benefit — A Son Helps His Mother Move into Assisted Living Community
The applicant’s son called to inquire about how to rescue a life insurance policy they were planning to abandon. His mother was unable to live at home alone any longer, and they were looking into Assisted Living but needed financial help. Their mother owned a $100,000 life insurance policy. He completed a Policy Review application and submitted it along with policy information, authorizations and medical records. Within 30 days, the application was approved, and the $2,000 monthly Long-Term Care Benefit payments began that same day. The family moved their mother into the Assisted Living community where she was hoping to reside with several of her friends and relatives. By adding $2,000 a month to what they already had available to pay for her care, instead of moving her into their home and trying to hire home health aides, they were able to move their mother into the community where they all preferred her to be.
✔ $35,000 Total LTC-Settlement
✔ $2,000 Monthly Payment x 18 Months
CASE STUDY B
$500,000 convertible term life policy — Policy Owner About to Abandon a Term Policy Discovers It’s a Tax-Free Way to Pay for Needed Home Based Skilled Long-Term Care
The policy owner was about to abandon a life insurance policy because they couldn’t afford the premiums. The policy owner was experiencing declining health and had just completed an extended skilled rehabilitation stay of 6 weeks. The agent contacted us to see if we could look and possibly help them with an LTC-Life Settlement. We reviewed the case and analyzed the more recent rehab records and within a week we were able to determine that the policy owner would qualify to settle their policy. The family moved forward with the LTC-Life Settlement and was able to immediately enroll in a Long-Term Care Benefit Account. We were also able to help them access a selection of homecare companies to make sure the client would be receiving the best possible care — which they could now afford.
✔ $200,000 Total LTC-Settlement
✔ $5,000 Monthly Payment x 40 Months