Apr 22, 2020
Our senior community is most vulnerable for contracting the Coronavirus.
(PRUnderground) April 22nd, 2020

Our senior community is most vulnerable for contracting the Coronavirus. A great number are considered high-risk. Many with weak immune systems and underlying medical issues like heart disease, diabetes and COPD are living in fear. Quarantined in their homes, their fears are compounded with the stress associated with finances, retirement savings accounts and government checks. COVID-19 has them and other looking for answers and a way to find much needed cash quickly. Financial professionals are recommending that people monetize unneeded or wanted personal assets. Surprisingly, seniors that survive this pandemic may face financial uncertainty and not know that they could sell a life insurance policy, as an asset — for cash.
Financial Toxicity is a term used to describe problems a patient has related to the cost of medical care. Patients, or seniors, that find themselves with depleted finances from this pandemic may see increased psychosocial distress, poorer quality of life and shorter life expectancies. With an anticipated total of 200,000 deaths in the United States, high-risk seniors need information that speaks to them and their concerns over losing retirement savings plans. Financial stress at this time, can lead to financial toxicity, or stress to their immune systems.
As seniors look into the abyss, we don’t want them to overlook things that could be converted to cash like their existing life insurance policy. If it qualifies, it can be converted to needed cash. In interviews, Scott Page, CEO of WeBuy75.com, is available to discuss COVID-19, the impact on retirement, and methods to help reduce financial stress.
Suggested Questions:
How can financial stress affect a persons overall health? What can seniors do to stay healthy physically and financially? What are some alternative ways seniors should consider to fund their immediate needs? So tell us more about a senior being able to convert a life insurance policy into cash now? To find out how much a person’s life insurance is worth, how is it evaluated?About WeBuy75.com
Scott Page is a published author, and respected expert on retirement and financial issues facing seniors and baby boomers. His book, ”It’s Never Too Late” has received national attention and great reviews. Scott has appeared on national media outlets such as: 20/20, NBC Nightly News, The New York Times, The Wall Street Journal and Newsweek. He has been a frequent guest on Varney & Company and writes regularly for Forbes and Huffington Post on retirement issues. His company helps seniors take advantage of new financial opportunities that have become available in recent years. During his career, he has helped thousands of America’s access millions of dollars to secure a better retirement. https://bit.ly/ScottPageReel
Press Contact Name: Stephen Terrell Phone: (954) 812-2008 Email: [email protected] Website: https://www.webuy75.com
Original Press Release.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.