February 2015 - Life Credit Company

How to Make Gift Baskets for Cancer Patients

Sometimes the best help for cancer patients is to say, I’m thinking of you. Our natural instinct to rush in and help can be great, but also sometimes overwhelming, especially when a lot of friends offer assistance all at once. Gift baskets for cancer patients might sound odd – aren’t they for festive occasions? But it turns out that patients find certain things immensely useful, and many of them fit into a gift basket. You can get baskets made by a company, like Ms. LadyBug Gift Basket. Also check out Matt’s Chemo Bags for ideas from this very driven young man making the bags available across the country. Lip balm is popular, but so are other things that may be less obvious: a teddy bear, spa socks, and body lotion can all add a great feel to a sometimes tough situation. Everyday Items can be Vital Some things are so ordinary we wouldn’t dream of including them in a gift basket. Yet those very items can be the best. Hand sanitizer can protect people with a compromised immune system, making a thoughtful idea a crucial part of their tool kit. Gum can help fight dry mouth by promoting saliva. And a journal can be useful for everything from journaling to keeping track of medications and appointments. Stepping Out The great thing about a gift basket is you can include your own items to express your connection. Maybe a CD, or an audio book, photograph of the two of you or a favorite quote. What can you include that helps them feel connected to you? Putting a gift basket together...

6 Tips for Correctly Filing your Accelerated Death Benefit Claim

AVOID COSTLY MISTAKES If you have been diagnosed with a terminal illness, then you may be eligible to receive a cash advance against your life insurance policy’s death benefit. Referred to as an Accelerated Death Benefit or Living Benefits rider, this feature can provide you with the cash you need while still preserving part of your life insurance policy’s death benefit for your family. Our Free Report will help you answer the following questions: – Does my policy have an accelerated death benefit rider? – How much of a cash advance am I eligible to receive? – Do I qualify for an accelerated death benefit? – How do I correctly file my claim? – What are my options if my claim is rejected? Click on the link below to download your Free Report.   Life Credit CompanyWe are a licensed consumer lender that is dedicated to providing financial assistance for patients who are facing serious illness. With a Living Benefit Loan, from Life Credit Company, you can receive up to 50% of your life insurance policy’s death benefit today. Whether you need to catch up on medical bills, consolidate debt or take your family on a dream vacation, this is your money to spend without restrictions. If you have at least $75,000 of life insurance and have been diagnosed with cancer or other serious medical condition, you may qualify for a loan. Contact us today to speak with a professional counselor who is standing by to assist you.More Posts Follow...

Borrowing From Your Life Insurance Policy: Is It Right for You?

Many cancer patients find that the financial battle is bigger than they anticipated. You may have wanted to borrow against life insurance policy, but were worried how it would affect your family. Is it worth considering? That might depend on circumstances, which can change from the time the policy was originally set up. Beneficiaries can be older and needing less life insurance as a safety net, for example. Money for Cancer Patients A cancer patient’s need for money can also be temporary – depending on your finances, your health insurance and your health situation. But one piece of the puzzle is how the money is made available to you. If you have permanent life insurance, you may be able to borrow against your life insurance policy. Term life insurance, on the other hand, pays out only when the insured dies within a specified time. Permanent life insurance includes whole, universal, variable and variable universal. Can You Borrow Against Life Insurance? There may be a number of ways to access the cash in your policy, by selling it, for example. In that scenario, the buyer becomes the beneficiary. We do things differently. Life Credit structures our loans to keep them simple and safe. You never have to make any payments—proceeds are taken from the death benefit. And the beneficiaries you have already selected remain the beneficiaries. Best of all, there are no restrictions on what you do with the money. We make it possible for you to be in the driver’s seat when you borrow against life insurance. Call us at 1-888-274-1777 to learn more about our Living Benefit Loan program for...