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Long-Term Care Insurance

A time will come due to age or an illness, when you will need help to perform the routine activities of daily living – who will help with your care?

 

 

Have you considered Long-Term Care Insurance in your Retirement Planning? Like many Canadians, probably not, but you might want to think again. Consider watching this video, which explores the retirement challenges facing the Canadian aging population and the very real need for Long-Term Care planning.

 

VIDEO: Long Term Care:
The Challenge for Canadians

 

The costs for Long-Term Care, whether in your home or in a facility, can be high. How would you pay for the care you need; the quality of care you deserve?

  • Use your savings or Retirement Income?
  • Use what you have set aside as an inheritance for your loved ones?
  • Use the equity in your home?
  • Depend on your family?

These are options, but there is a better way — Long-Term Care Insurance. Long-Term Care Insurance allows you to take control of your future. Today.

 

Long-Term Care Insurance provides a daily benefit, starting as early as the first day, if you lose the ability to care for yourself, and require the services of a long-term care facility or need care at home.

 

With Long-Term Care Insurance:

  • You receive a tax-free monthly benefit;
  • You can choose where you wish to receive the care required;
  • You do not have to submit any receipts;
  • You have assistance from a healthcare professional.

With Long-Term Care Insurance, two generations are protected: parents and children. It helps parents maintain their lifestyle and financial security by giving them the resources they need to remain independent, even in the face of a serious health setback that may require one spouse to care for the other. At the same time, it gives children an alternative to providing their parents with the care themselves.

Aging? What
Concerns Us
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Cost of

Long-Term Care
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Long-Term Care
Q & A's
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Long-Term Care Association
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Long-Term Care
Articles
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Long-Term Care can be expensive. Even if you choose to stay at home when getting the care you need, you may still have to pay for private nursing and for services such as shopping, cooking and cleaning. While provincial health plans are designed to assist, they cannot afford to pay the entire cost of care, even for those facilities that are subsidized. There are often limits on the amount paid for care at home — and provincial plans do not cover costs for private facility care.

 

Protect the physical and financial well-being of your family, contact Stewart Financial Services to discuss your options. Long-term Care Insurance is a readily available solution that offers you the freedom to select the type and quality of care you want and need.