assisted living communities

12 08, 2020

Assisted Living Locators Named to Inc. 5000 List for Second Consecutive Year

2020-08-12T12:16:46-04:00August 12th, 2020|Tags: , , , , , , |

Company jumps 173 spots in Inc. Magazine’s exclusive list of America’s fastest growing companies.

PHOENIX — Assisted Living Locators, a nationwide senior placement franchisor, today announced its second successive annual ranking by Inc. Magazine as one of America’s 5,000 fastest growing private companies. The company has earned the rank of 1644 on the 2020 Inc. 5000 list, jumping 173 spots from 2019.

The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

A record pace of franchise sales, even through COVID-19, demonstrates that franchisee candidates are recognizing the senior space growth potential and the essential need for Assisted Living Locators services.

“We’re honored to once again receive national recognition for our dramatic growth,” said Angela Olea, Assisted Living Locators CEO RN. “COVID-19 has no knowledge of the aging process.  The needs of an aging population continue to grow and so too does Assisted Living Locators. We offer an affordable franchise opportunity with a growing customer base, where you can make a difference in your community. We encourage qualified candidates to apply as we expand across the U.S.”

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.  The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.

“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”

About Assisted Living Locators

Assisted Living Locators offers a no cost, nationwide senior care placement and referral service for in-home companion care, independent retirement options, assisted living, memory care, and skilled nursing facilities. The company has 140 franchisees in 34 states and the District of Columbia. The Inc. 5000 list is the latest accolade for Assisted Living Locators following recognition in Entrepreneur’s 2020 Franchise500® and Top Senior Care Franchises, Franchise Business Review’s 2020 Top Franchises Report and Franchise Dictionary’s Top 100 Game Changer Franchises. To learn more, visit: www.assistedlivinglocators.com.

29 06, 2020

Caring is Her Calling: Omaha Resident Honored with National Caregiver of the Year Award

2020-06-29T10:12:30-04:00June 29th, 2020|Tags: , , , , |

FirstLight Home Care CEO drives nearly 1,500 miles to recognize Stephanie King for outstanding dedication, service and integrity.

OMAHA, Neb. — FirstLight Home Care, an award-winning provider of non-medical home care, named Omaha resident Stephanie King its 2020 National Caregiver of the Year. Stephanie, with FirstLight Home Care of Omaha, was presented the accolade this week during a personal visit from the company’s CEO and co-founder Jeff Bevis, along with his wife, Maribeth.

The Caregiver of the Year award is usually presented at an annual gala during FirstLight Home Care’s national conference. However, due to COVID-19, the conference was postponed. Jeff and Maribeth wanted to give Stephanie the recognition she deserved in person, so they hit the road and made a special trip, driving nearly 1,500 miles to honor this special caregiver.

FirstLight has more than 5,000 caregivers nationwide, with nominations for the award coming in from all over the country. Caregiver of the Year nominees were evaluated based on dependability, advocacy, empathy, quality of service and compassion toward clients. Stephanie was nominated by FirstLight Home Care of Omaha owner Jaye Firmature McCoy.

“Stephanie has been making a difference in people’s lives for a long time, and she absolutely deserves this honor,” said Jaye. “She came to FirstLight nearly three years ago with 15 years of in-home care experience. Back then, we had no idea the impact she would have on our clients, our office staff and our business.”

Jaye goes on to say that Stephanie has excellent personal and companion caregiving skills. She embraces every client as if they were her own family, and she connects with them on a personal level. She not only cares for her clients, but she also provides warmth, understanding and support to the family caregivers she works with every day.

“Stephanie is intelligent, intuitive, kind, compassionate, hardworking, reliable, cheerful, and physically and emotionally strong. And she handles every situation with impeccable grace and patience.”

Jaye added, “We are so grateful that the CEO of our franchise organization drove such a long way to personally present this award to our Caregiver of the Year. It really validates how much we truly do believe, from the top down, in our Culture of Care.”

FirstLight caregivers like Stephanie help seniors and other adults with many needs – from personal hygiene and household duties such as cooking, light housekeeping and running errands, to respite and dementia care. For more information, visit Omaha.FirstLightHomeCare.com.

About FirstLight Home Care

FirstLight Home Care is a leading provider of non-medical home care, helping individuals in 36 states achieve the quality of life they deserve. FirstLight is a lifeline not only for seniors, but for people recovering from illness, injury or surgery, adults with disabilities, veterans, busy families, and anyone 18 and older who needs personal or companion care services. FirstLight Home Care’s mission is to deliver exceptional, compassionate care provided by extraordinary people so that all those who are served may age with comfort, dignity and independence in the place they call home. FirstLight is also proud to champion the family caregivers who give countless hours of care to their loved ones every day by providing the resources and support needed to help them maintain balance in their own lives. Visit FirstLightHomeCare.com.

18 06, 2020

Assisted Living Locators Goes Purple To Support Alzheimer’s Association’s The Longest Day

2020-06-18T10:36:21-04:00June 18th, 2020|Tags: , , , , , , , |

Company Changes Logo To Purple, Franchisees Nationwide Take Purple Pledge To Raise Awareness, Funds for Alzheimer’s and Dementia.

PHOENIX — Assisted Living Locators, a nationwide senior placement and referral service, will “go purple” to support Alzheimer’s Association’s  The Longest Day, June 20. The company will change its logo to purple and its 140 franchise offices across the U.S. will join the movement by taking the Purple Pledge, promising to raise awareness and funds for Alzheimer’s and dementia this month.

The color purple has been chosen to help raise Alzheimer’s awareness as The Alzheimer’s Association encourages people to “Go Purple with a Purpose” throughout the month. The height of the fundraising efforts takes place on the longest day of the year, the summer solstice on June 20. The Longest Day event shines light on the 5.7 million Americans living with Alzheimer’s disease and the more than 16 million family members and friends providing care and support.

In June, Assisted Living Locators will change it company logo to purple on its corporate website and franchisee social media channels to show solidarity for those with Alzheimer’s and other forms of dementia. The purple logo will be displayed until the end of Dementia Awareness Week on July 10.

Additionally, Assisted Living Locators senior care advisors will wear purple and share photos on social media, as well as participate in a variety of Longest Day fund-raising and dementia care education events. The company recently became the first senior placement service to achieve dementia care system-certification to help families find, at no cost, independent living, assisted living, and memory care options.

“With a nationwide network of senior care advisors that are dementia care certified, we have the opportunity to make a positive impact in raising awareness about Alzheimer’s and dementia care in communities across the country,” said Angela Olea, Assisted Living Locators CEO RN.  “Our dementia care training enables us to provide much-needed support to families, educating them about the disease and what facilities are best suited for their loved ones.”

If you’re noticing changes in your loved one’s cognitive health and have questions about dementia care, speak to an Assisted Living Locators Senior Care Advisor at 877-266-7788 or visit www.assistedlivinglocators.com.

16 06, 2020

Assisted Living Locators Continues To Set Record Franchise Growth In 2020 Amidst COVID-19, Ranked #1 Fastest Growing Senior Placement Franchise By Entrepreneur Magazine

2020-06-16T11:53:43-04:00June 16th, 2020|Tags: , , , , , , |

PHOENIX — Assisted Living Locators, a leading senior placement and referral service, continues to set record franchise growth by awarding a dozen new franchises in 2020 amidst COVID-19.  The company was also recently ranked #1 in the senior placement space in Entrepreneur‘s Fastest-Growing Franchises list. This highly competitive list recognizes the 150 companies with the greatest franchise unit growth in North America, based on data submitted for Entrepreneur’s Franchise 500® ranking.

“The needs of an aging population continue to grow and so too does Assisted Living Locators,” said Angela Olea, Assisted Living Locators RN CEO. “Even during the pandemic, we are experiencing a surge in interest from franchisee candidates who recognize the senior space growth potential and how essential our services are. Ranking #1 as the fastest growing senior placement franchise by Entrepreneur is a huge honor and testament to our leadership in the senior care industry. We credit this success to the strength of our brand and our franchisees who help thousands of seniors and families each day.”

With social distancing and quarantine restrictions, Assisted Living Locators has adapted to assisting families with virtual technology and new franchise owner online training sessions. In 2020, the organization has welcomed a dozen new locations for Assisted Living Locators in Harrisburg and Berwyn, PA; South Salt Lake City, UT; Lansing, MI; Gastonia, NC; Coachella Valley, CA; Omaha-Council Bluffs, NE; North Baltimore, MD; Plano, TX; and three territories in BellevueTacoma, WA.

“Our record pace of signing new franchisees even during the pandemic is an indication of the tremendous opportunity in the senior care market,” explained Olea. “Assisted Living Locators offers an affordable franchise opportunity with a growing customer base, where you can make a difference in your community. We encourage qualified candidates to apply as we expand across the U.S.”

About Assisted Living Locators

Assisted Living Locators offers a no cost, nationwide senior care placement and referral service for in-home companion care, independent retirement options, assisted living, memory care, and skilled nursing facilities. The company has 140 franchisees in 36 states and the District of Columbia. To view Assisted Living Locators in the Entrepreneur’s Franchise 500® full ranking, visit here.

To learn more about Assisted Living Locators franchising, call 800-267-7816 or visit: www.assistedlivinglocatorsfranchise.com.

2 06, 2020

During Alzheimer’s, Brain Awareness Month, Assisted Living Locators Encourages Families To Reassess Loved One’s Dementia Care Situation

2020-06-02T10:07:35-04:00June 2nd, 2020|Tags: , , , , , , |

Company’s Certified Dementia Care Advisors Provide Free Assessment, Guidance During COVID-19.

PHOENIX — Every June, advocates, volunteers, health professionals, caregivers, and family members come together to raise awareness about Alzheimer’s and brain awareness. Supporters wear purple in solidarity for those with Alzheimer’s and other forms of dementia on The Longest Day, June 20.

Assisted Living Locators, a leading nationwide senior placement and referral service, is encouraging families to use the month of June as a time to reassess their loved one’s dementia care situation. The company is the only senor placement service with dementia care system-certification that helps families find, at no cost, independent living, assisted living, and memory care options.

“Deciding where and when to place an aging loved one is far more complicated when they have some form of dementia, and especially during a global pandemic,” said Angela Olea, Assisted Living Locators CEO RN.  “Several factors go into choosing a long-term care community for a dementia patient. Due to their decreased cognitive ability, they may also require additional assistance and consideration during COVID-19.

A needs assessment conducted by a knowledgeable professional is usually the first step in moving a loved one with dementia to senior living,” explained Olea. “Our assessments focus on developing a deeper understanding of a senior’s cognitive condition as it relates to their ability to complete activities of daily living (ADLs) with or without partial or total assistance.”

Olea added that Assisted Living Locators certified dementia care advisors provide an in-depth assessment of all the client’s needs, along with thoughtful analysis and recommendations for best-fit care options. Families can begin their assessment process with an easy-to-use online tool on Assisted Living Locators website, that is followed up with a virtual in-take interview by phone or video call.

“For those with loved ones battling Alzheimer’s or other forms of dementia at home during COVID-19, this may be an extremely challenging time,” said Olea.  “While it may seem that group environments like assisted living facilities are not the right choice right now, for many, it’s still the best option. Considering the enhanced safety measures senior living communities are taking, moving into a senior community may make more sense than living alone and not getting adequate care.”

If you’re noticing changes in your loved one’s cognitive health and have questions about dementia care, speak to an Assisted Living Locators Senior Care Advisor at 877-266-7788 or visit www.assistedlivinglocators.com.

About Assisted Living Locators

Assisted Living Locators offers a no cost, nationwide senior care placement and referral service for in-home companion care, independent retirement options, assisted living, memory care, and skilled nursing facilities. The company has 140 franchisees in 36 states and the District of Columbia. Assisted Living Locators is ranked in Entrepreneur’s 2020 Franchise 500® issue and Franchise Business Review’s 2020 Top Franchises Report. Visit: www.AssistedLivingLocators.com.

13 05, 2020

Assisted Living Locators and Dementia Care Education Partner to Deliver Senior Industry Best-Practice Service, Dementia Care Support To Families During COVID-19

2020-05-13T12:11:01-04:00May 13th, 2020|Tags: , , , , , , |

First Nationwide Senior Placement Franchisor To Achieve Dementia Care System-Certification.

PHOENIX — Assisted Living Locators, a national senior placement franchisor, and Dementia Care Education, the leading Alzheimer’s/dementia education, training, and consulting organization, announced today they have partnered to raise the bar and deliver best-practice service and dementia care support to families during COVID-19.  All Assisted Living Locators’ 140 franchisees are now dementia certified, with the majority choosing the Dementia Care Certified® designation, making it the first nationwide senior placement service to achieve system-certification.

“With 5.8 million people in the U.S. living with Alzheimer’s disease, a large number of our senior placements involve families having to locate assisted living or memory care for their loved ones,” said Angela Olea, Assisted Living Locators CEO RN. “The double hit of dementia and the COVID-19 pandemic has raised great concerns for people living with dementia. Having this dementia care training helps us provide much-needed support to families during COVID-19, allowing us to educate them about the disease and what facilities are best suited for their loved one’s needs.

“We are excited to align forces with such a forward-thinking company,” said Brian Browne, President of Dementia Care Education. “Assisted Living Locators provides exceptional service to families throughout the country. With our years of experience and track-record of expertise in education and training, we stand poised to positively impact care and quality of life for many families. Knowledge is power and being able to arm the senior placement leaders with the tools to provide better care and hold care facilities to a higher standard is a win for everyone caring for this vulnerable population.”

After being trained and certified, Assisted Living Locators franchisees will be required to obtain CEU’s to maintain their certification and to stay abreast of the most current information in the field.

If you are noticing changes in your loved one’s cognitive health and have questions about dementia care, speak to an Assisted Living Locators Senior Care Advisor at 877-266-7788 or visit www.assistedlivinglocators.com.

About Dementia Care Education

Dementia Care Education is a recognized innovator and distinguished leader providing industry-best dementia education, training, and consultation. We create best-practice dementia training and education curriculum that is specifically designed to meet the CEU educational needs of healthcare, senior care professionals and caregivers. Visit: www.DementiaCareEducation.com.

SOURCE Assisted Living Locators

About Assisted Living Locators

Assisted Living Locators offers a no cost, nationwide senior care placement and referral service for in-home companion care, independent retirement options, assisted living, memory care, and skilled nursing facilities. The company has 140 franchisees in 36 states and the District of Columbia. Assisted Living Locators is ranked in Entrepreneur’s 2020 Franchise 500® issue and Franchise Business Review’s 2020 Top Franchises Report. Visit: www.AssistedLivingLocators.com.

17 03, 2020

Assisted Living Locators Offers FREE Online Resources To Help Seniors and Families With Immediate In-Home Support and Placement Needs During COVID-19 Pandemic

2020-03-17T13:03:02-04:00March 17th, 2020|Tags: , , , , , , |

SCOTTSDALE, Ariz. — Assisted Living Locators, a nationwide senior placement and referral service, is offering a FREE easy-to-use online assessment tool, resources and guidance to help seniors and their families with immediate in-home support and placement needs during the coronavirus (COVID-19) pandemic.

To proactively protect vulnerable seniors and families as the coronavirus evolves, Assisted Living Locators senior care advisors are available 24/7 to provide access to senior care solutions on demand to help reduce exposure to the virus. These FREE services include:

  • Easy-To-Use online Assessment Tool, to give quick insight to appropriate senior housing
  • In-take interview by phone or video technology to learn how to best serve you
  • Virtual tours with qualified vetted home health, hospice, assisted living, memory care and adult family homes
  • Status updates on visitation and acceptance of move-ins for assisted living communities and skilled nursing facilities in your area
  • Home care support with network of leading regional home care agencies; whether to ensure a safe home environment for seniors or to help with the activities of daily living required during a period of self-quarantine
  • Dedicated local resources for seniors and families such as eldercare attorneys, skilled home health, moving companies and hospice
  • Highly trained local senior advisors to provide guidance throughout the entire decision-making process.

“During this challenging time, online assessment tools and virtual communication will be more important than ever in maintaining the well-being of seniors and their families,” said Angela Olea, Assisted Living Locators RN CEO. “We’re here to answer your questions and concerns about COVID-19 and senior placement, whether it’s for a short-term or long-term solution.  And if your senior is homebound due to self-quarantine, we can help you get a contingency plan in place to help with basic services, such as obtaining groceries, before it becomes a dire problem.”

If you have If you have an immediate placement need in your senior’s next step of care or housing, please call 877-226-7780 or visit www.assistedlivinglocators.com.

About Assisted Living Locators

Assisted Living Locators offers a free, nationwide senior care placement and referral service for in-home care, independent retirement options, assisted living, memory care, and skilled nursing facilities. The company has 130 franchisees in 36 states and the District of Columbia. Assisted Living Locators recently ranked #1 in the senior placement in Entrepreneur’s Fastest-Growing Franchises and was included in the prestigious Inc. 5000 list of the nation’s fastest-growing private companies.  For more information, visit www.assistedlivinglocators.com.

3 03, 2020

FirstLight Home Care Announces International Expansion to Canada

2020-03-03T12:29:07-05:00March 3rd, 2020|Tags: , , , , |

Leading non-medical home care company expands across North America to deliver quality personal and companion care services.

CINCINNATI — FirstLight® Home Care, an award-winning provider of non-medical home care, is pleased to announce it is expanding its caregiving services to Canada. Sam Riad, CEO of Comfort of Senior Living, has signed on as a master franchise and will operate as FirstLight Home Care of Canada.

Riad currently operates 10 Comfort of Senior Living retirement communities across the Province of Ontario. The master franchise agreement will allow Riad to introduce the FirstLight Home Care brand and deliver the company’s non-medical home care services to a brand-new market.

“We are thrilled to bring our FirstLight brand to Canada,” said Jeff Bevis, CEO and Co-Founder of FirstLight Home Care. “International expansion has always been part of our strategy, and we believe we have found a solid master franchise partner in Sam Riad. He has extensive experience and a deep understanding of the industry, established relationships in the market and the infrastructure for rapid growth. And we share a similar mission, culture and calling to care for aging seniors and other adults in need of extra support.”

As a notable and award-winning home care company, FirstLight provides exceptional care for seniors, veterans, people with disabilities and individuals who are recuperating. FirstLight’s national network of franchises is dedicated to the health and well-being of others by delivering compassionate and quality services to individuals in the place they call home.

Riad and his team will bring the same culture of care and commitment to quality service to residents in Canada by offering FirstLight’s companion and personal caregiving services to adults who need assistance. The partnership is a natural complement to existing demand and future growth in Canada.

“We recognized the tremendous success of FirstLight in the U.S and realized how beneficial this model would be to the Canadian market, especially with the recent increasing trend of older adults wishing to stay at home longer,” said Riad. “We are passionate about helping individuals in our communities, and FirstLight sets the pace by offering innovative home care services that ensure people in need receive premium care.”

Canadian CEO Brad Rye will lead the implementation of FirstLight Home Care into Canada. Rye has owned and operated various Homes for Special Care for the past 30 years. He is co-founder and former president of the Ontario Homes for Special Needs Association (OHSNA), representing 500 homes and 5,000 residents across Ontario. Recently working with the Ontario government, Rye assisted in the development and implementation of a resident-focused model of housing and services.

FirstLight Home Care of Canada has plans to open six locations immediately across Ontario, with an aggressive vision to establish 150 more locations through expansion and franchise opportunities across Canada.

Since opening its first franchise location in 2010, FirstLight Home Care has experienced steady growth and is now serving clients in 220+ locations in more than 30 states throughout the U.S. This is the company’s first international expansion to Canada.

For more information, call (855) 420-6900 or visit FirstLightHomeCare.com/Canada

About FirstLight Home Care

FirstLight Home Care is a leading provider of non-medical home care, helping individuals in more than 30 states achieve the quality of life they deserve. The company has set a new standard in home care by creating an unmatched Culture of Care that drives industry-leading client and employee satisfaction. FirstLight is a lifeline not only for seniors, but for people recovering from illness, injury or surgery, adults with disabilities, veterans, busy families, and anyone 18 and older who needs personal or companion care services. FirstLight Home Care’s mission is to deliver exceptional, compassionate care provided by extraordinary people so that all those who are served may age with comfort, dignity and independence in the place they call home. FirstLight is also proud to champion the family caregivers who give countless hours of care to their loved ones every day by providing the resources and support needed to help them maintain balance in their own lives. Visit FirstLightHomeCare.com.

2 03, 2020

In Support of National Invest In Veterans Week, Assisted Living Locators Offers 10 Percent Initial Franchise Fee Discount to Encourage Veteran Business Owners

2020-03-02T10:00:02-05:00March 2nd, 2020|Tags: , , , , , , |

SCOTTSDALE, Ariz. — In support of National Invest In Veterans Week, March 1 – 7,  Assisted Living Locators, a nationwide senior placement and referral franchisor, announced today it is offering veterans a 10 percent initial franchise fee discount to encourage and honor aspiring veteran business owners.

Assisted Living Locators is a veteran-friendly franchisor with an affordable, low-cost franchise fee, a 10 percent veteran discount, and comprehensive training and mentorship platform, according to Founder and CEO RN Angela Olea. With 130 franchisees in 36 states and the District of Columbia, the company is ranked in Entrepreneur’s 2020 Franchise 500®, Franchise Business Review’s 2020 Top Franchises Report and the Inc. 5000 list of the nation’s fastest growing private companies.

Veterans are buying into franchises at a record pace. According to the International Franchise Association, one of every seven franchises in America is owned by a veteran. “Veterans make great franchisees because they have the skills it takes to own and run a successful business – a mixture of leadership, hard work and dedication, and the ability to follow systems and procedures,” stated Olea.

“Franchising can be a tremendous opportunity for veterans because the business framework is already in place,” she explained. “As an established, top-ranked senior placement brand, Assisted Living Locators offers the entire package for aspiring veteran business owners. Not only do we have a proven, successful business model, but we also offer exceptional training and support for our franchisees.”

Olea noted that some of their best Assisted Living Locators franchisees are veterans, such as Arizona franchisee Dustin Baker, recently named Franchise Business Review’s 2019 Rock Star Franchise Owner.

Baker served in the United States Army as a combat medic in an artillery unit during Operation Iraqi Freedom. He was also an administrative supervisor at an outpatient surgical ward at William Beaumont Army Medical Center in El Paso, TX.

As a top Assisted Living Locators franchise producer, Baker helps and mentors his fellow franchisees and also passionately cares for his senior clients and families, the company and community.

“After my career as a combat medic ended, I wanted to own a business that would make a positive impact on my community,” said Baker. “My journey in helping and serving others led me to the role of Assisted Living Locators franchise owner to provide care and guidance to seniors and families in my community.”

“As thousands of men and women return home from war, it is important to acknowledge the skills they have acquired during their military careers,” Olea added. “They operate their businesses the same way they served their country, with integrity and dedication, and possess the strong characteristics that make an outstanding franchise entrepreneur. We encourage them to join our organization.”

About Assisted Living Locators

Assisted Living Locators offers a no cost, nationwide senior placement and referral service for in-home care, independent retirement options, assisted living, memory care, and skilled nursing facilities. The company has 130 franchisees in 36 states and the District of Columbia and was recently named in Entrepreneur’s 2020 Franchise 500® and Franchise Business Review’s 2020 Top Franchises Report.  To learn more, visit: www.assistedlivinglocators.com.

11 02, 2020

Assisted Living Locators Partners With Rehburg Life Settlements To Provide Families With Opportunity to Help Pay For Long Term Care

2020-02-11T10:46:23-05:00February 11th, 2020|Tags: , , , , , , |

First-Of-Its-Kind Collaboration Aims To Offer Seniors Alternative Funding Solution For Senior Living Expenses.

SCOTTSDALE, Ariz. — Assisted Living Locators, a nationwide senior care placement and referral service, announced they’ve partnered with Rehburg Life Settlements, a leading, nationally licensed life settlement brokerage, to provide families with an opportunity to help pay for long term care.

A life insurance settlement is a financial transaction that enables qualified life insurance policy owners to receive a cash payout on their life insurance coverage by selling it to interested buyers.

This first-of-its-kind collaboration offers seniors and their families an alternative funding solution for senior living expenses such as in-home care, assisted living or memory care, according to Assisted Living Locators CEO RN Angela Olea.

“As 10,000 baby boomers turn 65 each day, older Americans face both financial and health care challenges,” Olea stated. “Our local senior care advisors are on the frontlines in their communities every day helping guide families to the right care solution that meets their financial needs. By partnering with Rehburg Life Settlements, we can provide our clients with an important alternative funding solution that can help pay for long term care.”

“According to the Insurance Studies Institute, 500,000 seniors a year lapse their life insurance policies, translating to over $100 billion in policy value,” explained Lisa Rehburg, president of Rehburg Life Insurance Settlements. “That is a lot of potential funds that seniors are giving up, for nothing, each year. Additionally, 90% of seniors who have let a policy lapse would have considered selling it had they known life insurance settlements existed.

We help clients benefit from life insurance policies they no longer need or can afford,” said Rehburg. “Life insurance settlements can be a good option for them to benefit from their ‘hidden’ asset and help them pay for senior living expenses.”

For more information about Rehburg Life Settlements, visit www.rehburglifesettlements.com.

About Assisted Living Locators

Assisted Living Locators offers a no cost, nationwide senior placement and referral service for in-home care, independent retirement options, assisted living, memory care, and skilled nursing facilities. The company has 130 franchisees in 36 states and the District of Columbia and was recently named in Entrepreneur’s 2020 Franchise 500® and Franchise Business Review’s 2020 Top Franchises Report.  To learn more, visit: www.assistedlivinglocators.com.