From the LifeShare website:
LifeShare is a pioneering initiative that embodies the essence of community support, offering a structured and reliable financial safety net to families facing the unforeseeable loss of a loved one. Our model is built on the foundation of peer-to-peer cooperation, where members pledge to extend emergency financial aid in the event of a tragic death within our community.
How LifeShare Operates:
Upon the passing of a community member, each LifeShare participant contributes a modest, one-time fee. This contribution is recognized as charitable, making it tax-deductible. In turn, the family of the deceased is swiftly granted a cash benefit, reaching up to $250,000, to alleviate the financial burden during such a distressing period.
Our Mission:
Our mission is clear – to proactively establish a financial bulwark for families before tragedy strikes, thereby obviating the need for urgent and unpredictable fundraising efforts post the loss of an uninsured community member. LifeShare’s online platform facilitates effortless access to emergency financial aid, underscoring our commitment to immediate and affordable support in times of need.
