Confidence in Your Investment
A common misconception about Life Care is that there’s no refund policy for entrance fees. People are often afraid they’ll have to pay a large sum of money without the comfort of a money-back guarantee.
But there’s good news — in most cases, a considerable portion of the entry fee is refundable. If your stay with us ends up shorter than expected, then you or your estate can often get a percentage of that refund amount back to use.
The refund policy details are settled before you ever move into a community and are outlined in your Life Care contract. Policies differ among Life Care communities, but typically there are a variety of options available.
Your refund amount might be a set percentage of the total entrance fee. It could be based on a monthly reduction that’s determined by the length of your stay. Or, it could be a combination of the two. This flexibility means that you can find the one that best fits your needs. A representative from your Life Care community can help explain your specific options in more detail.
Don’t let stress or worry hinder your decision about Life Care. You deserve to feel confident about your financial investment, and a refund guarantee can help do that.
Interested in next steps? Learn more about how you can pay for the entry fee. [Link]
Note: Every Life Care community has its own specific financial payment costs and policies, which can change any time without notice. Please contact a Senior Living Advisor to discuss specifics about contracts, pricing or costs.