What do you want to happen if you can no longer take care of yourself? 

 

Long Term Care insurance provides coverage when the insured person has both satisfied a specific waiting period and becomes *Functionally Dependent. Many people believe that our health care plan fully covers long term care; however, this is not the case. Canadians have to pay for much of their care, often using their savings, their retirement income, money they’ve set aside as an inheritance, sometimes even the equity in their home, or many times depending on family. Although these are options, there is a specific product that allows you to take control of your future.

 

*Functional Dependence is assessed on either an inability to perform daily living activities or a **Cognitive Impairment :

Activities of daily living: This refers to a person’s inability to autonomously perform the following: bathing, eating, and dressing, toileting, and transferring and maintaining continence. A person is considered functionally dependent if they are unable to perform two of these activities without substantial assistance of another person. Please refer to the recommended insurance company’s policy contract for full definitions of these terms.

**Cognitive Impairment refers to the loss or deterioration of mental capacity similar to and including Alzheimer’s disease. The person becomes functionally dependent when their safety and well-being is dependent on supervision by another person.

LONG TERM CARE INSURANCE IS NOT EXPENSIVE LONG TERM CARE IS! Click here for more info