Long term care is assistance and support that addresses the health, social and personal care needs for people who lost the ability to look after by themselves

For example people with a prolonged physical or chronic illness, disability or cognitive disorder. It includes help with the everyday Activities of Daily Living, (ADLs). It includes help for people with cognitive impairment, such as Alzheimer’s disease or other forms of dementia.

While a certain degree of public support is available, government programs are not comprehensive and long term care services can be costly.

Long term care differs from traditional medical care as it is designed to assist a person to maintain his or her level of functioning, as opposed to care or services that are designed to rehabilitate or correct certain medical problems.

With Long Term Care:
• you have more choices about the quality and amount of care you receive
• you have more choices around where to receive care and by whom
• your savings and investments are more likely to be preserved.
Long term care focuses on caring, rather than curing.

Why is there a need for long term care insurance?
Each year, thousands of Canadians face the reality of needing long term care services – either for themselves or for a family member.
At every stage of our lives we are vulnerable to accidents and illnesses that can change the way we live:
• About 50,000 strokes occur in Canada each year. Stroke is the leading cause of transfer from hospital to long term care.
• The average age of diagnosis for Multiple Sclerosis is 30.
• Almost all spinal cord injuries (97%) occur prior to age 50.
• The average age of major trauma patients is 43.
• 1 in 13 Canadians over age 65 is affected by Alzheimer Disease or a related dementia.
• 7% of Canadians age 65 and over reside in health care institutions.
• An additional 28% of Canadians age 65 and over receive care due to a long term health problem, although they who do not live in a health care institution.
There are many misconceptions about what the government provides and pays for, and what extended health care benefits cover. It’s important to understand exactly what the benefits you have through your employer or association cover, and what the limitations are. Do they end when you turn 65, or when you leave the group? Is your spouse covered?
What Types of Policies Are There?

There are three types of long term care insurance policies:

• Reimbursement policies
Reimburse you for eligible expenses you receive on a given day, up to a pre-determined maximum

• Indemnity policies will remunerate the eligible benefit recipient for the
designated daily, weekly or monthly amount, provided qualified expenses have been incurred.

• Income policies
It provides an income when you require care, and you don’t have to prove you incurred any eligible expenses. The income can be used to cover the cost of any type of service including care received from family members.

Get Quote

Long Term Care Insurance plans differ from one company to another when it comes to benefits and other features.
Please fill out the following and click on the Submit button. We will then review your information and we will contact you to get your quotes.