Long-term Care Insurance,
an Important Part of
Your Retirement Plan
Planning your retirement without considering what would happen if you lost your autonomy is a gamble. Our coverage provides a monthly benefit to help defray living expenses and home help costs.
A person is considered functionally dependent if they need substantial assistance in at least two of the following six areas of daily activity: bathing, eating, dressing, toileting, mobility and continence. The plan also provides for people afflicted by cognitive impairment like Alzheimer’s disease.
Long-term Care
Why Take Out
Long-term Care Insurance?
Today, Canadians are living longer, while the proportion of elderly people in the population is on the rise. Statistically, the likelihood of needing some form of assistance and/or long-term care has dramatically increased. Giving yourself the financial means to ensure you can access the services you need is vital to protecting your assets. Long-term care insurance is very flexible, allowing you to obtain the coverage that best suits your needs and budget.
Choose the Amount of
Your Monthly Payment
For example, you can choose your monthly benefit (e.g. $1,000 per month), with payments to be spread over a determined period. Many of our clients choose to spread payments over 20 years. Once this period has come to term, the protection remains available without you having to pay any premium. Taking out a long-term care insurance policy is very simple, with coverage available even if you have pre-existing conditions.
Understanding the Issues
and Benefits
So that you fully understand the issues, we invite you to download our brochure along with a study on the costs of long-term care.
Download : Brochure Long Term Care
Download the Cost of Long-term Care:
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