Care@Home Guarantee Corporation Announces Launch of Integrated Financial and Care Framework Designed to Support Aging in Place

Core Perspective - Care@Home Guarantee Corporation has launched the Care@Home Guarantee™, a financial and care planning framework aimed at helping seniors stay in their homes while ensuring long-term income continuity and in-home care considerations [1][3]. Group 1: Product Overview - The Care@Home Guarantee™ offers older homeowners a secure alternative to reverse mortgages and home equity lines of credit, converting home equity into two prepaid and guaranteed components: a lifetime supplemental income arrangement and comprehensive in-home care services [2][6]. - The framework is structured without loans, monthly payments, or interest accrual, making it a unique offering in the market [2][7]. Group 2: Market Context - The launch of the Care@Home Guarantee™ comes in response to demographic shifts in the U.S., including a growing senior population and increased demand for aging in place solutions [3][10]. - Many seniors desire to remain in their homes but encounter challenges related to long-term care planning and fixed income management [3][4]. Group 3: Framework Structure - The Care@Home Guarantee™ consists of two main components: Care@Home Services™, which provides prepaid, non-cancellable in-home care coverage, and Care@Home Income™, a prepaid, non-cancellable lifetime income annuity [6][8]. - The model includes provisions for major home maintenance to support the long-term safety and habitability of residences [7]. Group 4: Target Audience and Eligibility - The Care@Home Guarantee™ is positioned as an alternative for homeowners considering traditional long-term care insurance, annuities, or other home equity-based options, with eligibility subject to individual assessment [8][11]. - Specific terms of the framework vary based on personal circumstances and regulatory requirements [8].