Financial Options - Briarcliffe - Supportive Independent And Assisted Living

Financial Options

Transitioning to your new life and new home can be both uplifting and empowering, while at the same time a very emotional process. It can feel expensive, so it’s important to understand the entire scope of what you are paying out now and what your expenses will be in your new home.

Expense Evaluation

We’ve created a simple worksheet, with a side-by-side comparison to help you summarize and evaluate your expenses.  View Worksheet

Long-Term Care Insurance

Long-Term Care insurance is a benefit that you may already have in your financial tool kit. It is often overlooked in the present moment because people think they need to keep that benefit in reserve. However, the time to access that benefit may be now. Contact your insurance company to see if you have coverage and to what amount.

Life Insurance Policy

Life insurance is often a older adult’s most valued asset and one they can use to alleviate retirement costs. Like your home or other personal assets, a life insurance policy is personal property, a living benefit, that has a fair market value. Knowing that value is important. Selling your policy for fair market value is your legal right and is a viable choice to create more options for your retirement income. Speak with your financial advisor or a licensed insurance settlement expert about your options.

VA Aid and Attendance Benefit

The VA Aid and Attendance Benefit is a wonderful benefit that has helped a number of Briarcliffe families through the years. In a nutshell, Veterans and surviving spouses may be entitled to the V.A. Aid and Attendance Benefit. For benefit information and qualifications, you may visit the Veteran’s Administration Website at or call 1.800.827.1000 to speak with a representative at your Veteran’s Regional Office. If you would like to gain an understanding of what dates of service constitute “wartime service" you’ll find the information by clicking below.

More Info 

We welcome your call: 401.944.2450

Learn more about the Preserve

Need Assistance?

View the financial options available to you.