Five Star Financial Solutions

More Choices for a Perfect Financial Fit

We have many ways to make your retirement a Perfect Fit with your financial situation. Five Star flexibility has put a dream retirement within reach for people who might otherwise think they can’t afford it.

As a resident at one of our communities, you’ll always enjoy Five Star service, and it begins the moment we meet you and your family. We can help you explore your financing options, guiding you through the process of applying for assistance and connecting you with people and agencies in the community who can help every step of the way. We understand that each situation is unique, and that each of our residents has different values, passions, and goals for their retirement. We are proud to offer Five Star Financial Solutions as the fi rst step along the road to your perfect retirement. And remember, no major buy-in or entrance fees are required at Five Star communities. 

Elderlife Financial

One option you may want to consider is efs:Access, a loan used as a line of credit, provided by Elderlife Financial Services. With low monthly payments, you can use the line to supplement entry fees or finance your apartment while you are waiting for Veterans Benefi ts, an insurance settlement, or the sale of your home.  Up to six people may share in the application. Each month, you simply request the amount you need, and the funds are sent directly to your community.

To learn more, please contact an Elderlife Financial Services representative at 1-888-228-4500 or visit www.elderlifefinancial.com.

Life Care Funding Group

Life Care Funding Group offers a service that can help you fi nance the cost of senior living through a Life Settlement, a transaction that sells your life insurance policy for an amount greater than the cash surrender value from the insurance company. Policy owners may want to consider a Life Settlement if they have outlived the purpose of a life insurance policy, feel that it has become an underperforming asset, or have had a life event that requires liquidity.

Life insurance is an asset that the owner is free to sell, with no restrictions on the use of the funds, and the owner is no longer required to pay the premiums after completing a Life Settlement. The process is simple, and once complete, the policy owner will receive a lump sum payment immediately to meet their fi nancial needs.

To learn more, please contact a Life Care Funding Group representative at 1-888-670-7773 or visit www.lifecarefunding.com.

Long-Term Care Insurance

If you currently have long-term care insurance or want to learn about purchasing this type of insurance which can help to cover some of the costs associated with assisted living and skilled nursing care, you can contact the American Association of Long-Term Care Insurance. Five Star Financial Solutions can also connect you with local long-term care insurance providers that can review your options and see if you qualify.

To learn more, please contact the American Association for Long-Term Care Insurance at 1-818-597-3227 or visit www.aaltci.org.

 Click here for our printable Financial Solutions brochure. 

Or, contact us for more information on funding options.