BROWNSVILLE, Texas, Nov. 19, 2013 /PRNewswire/ -- Texas based and nationally recognized Hispanic business, civic and charitable leader Norma Lee Valle launched LifeSettlementsUSA.com in 2013 and is now adding information about how a life insurance policy can be used to provide much needed long-term care financial assistance to Hispanics across the country. Norma Lee Valle has been working with the Hispanic community for years to help them overcome economic disparities, and now she will be educating them on how they can convert a life insurance policy into a long-term care benefit plan to pay for long-term care services.
The Hispanic population has one of the highest rates of disability among seniors and is also the fastest growing users of nursing homes, according to the Congressional Commission on Long-Term Care, which noted in their September 2013 report that the Hispanic population is challenged by regional disparities in regards to access to long-term care. Norma Lee Valle's mission is to help Hispanics overcome these hurdles in order to access long-term care services.
Hispanics are the nation's largest minority group and among its fastest growing populations, and, "It is important to bring awareness and access to long-term care financial options to not only the fastest growing population in the United States, but the fastest growing population that is using long-term care services," explained Norma Lee Valle.
Norma Lee Valle's LifeSettlementsUSA.com will focus on bringing greater access to long-term care and financial assistance by converting life insurance policies into long-term care benefit plans. Her particular focus will be on those states that hold over 75% of the Hispanic population in the United States: California, Texas, Florida, Colorado, Georgia, Arizona, New Mexico, New York, New Jersey and Illinois. Once a policy owner converts their life insurance into a long-term care benefit plan, they can immediately begin direct monthly payments to cover any form of senior care service they choose.
"We are excited that Norma Lee Valle and LifeSettlementsUSA.com will be working with us to provide long-term care benefit plan to the Hispanic population across this country as a way to help them pay for senior care services," said Chris Orestis, CEO of Life Care Funding. "Norma's commitment to education and outreach is well known and respected, and we are honored to work with her in providing this valuable service to Hispanic seniors."
About LifeSettlementsUSA.com: LifeSettlementsUSA.com offers a no obligation consultation to all clients in order to determine their financial needs: short term, long term, personal, family, and estate, and, in accordance with state law, will help to determine the best solution to meet those needs.
For more information, visit LifeSettlementsUSA.com.