Long Term Care
The average Canadian is now expected to live for more than 80 years. LTC Insurance pays a tax free monthly benefit should you not be able to continue to care for yourself, physically or mentally. This product offers peace of mind knowing you will have the funds to be cared for by professionals and your care will not be a burden to your family emotionally, physically or financially.
Long Term Care Insurance is an important part of your long term retirement plan. The benefit can be used for home care or for the costs of housing in a care facility. Most importantly, your retirement savings are not depleted on health issues as you have other funds specifically designated for this purpose.
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