Long term care insurance provides you with the service and support you need to maintain your day-to-day activities should a chronic illness or cognitive impairment keep you from being able to take care of yourself.

Long-Term Nursing Care Insurance

Long-Term Nursing Care Insurance provides a tax-free daily benefit if you lose your independence. You can use it for nursing home care, or you can stay in your own home and receive care from visiting nurses, therapists and home support.

Why have Long-Term Care Insurance?

To qualify for a full or partial subsidy in a long term care facility, under a provincial health plan, you must have an income below a certain threshold. The rapidly growing group of aging “baby boomers,” may mean an increasing number of services will require substantially more out-of-pocket payments. Can you afford to pay the difference, or even the full cost, on a fixed income?

We're Living Longer

• Currently, 13% of the population is over the age of 65 and Statistics Canada predicts that number will be over 20% by 2026.
• Since 1920, life expectancy has increased by an average of 16 years for men to age 75 and 20 years for women to age 81.
• Those aged 80 and over represent the fastest-growing segment of the senior population.  Statistics Canada has projected that there will be almost 1.8 million Canadians aged 80 and over in 2026, almost doubling in less than 25 years.
• 28% of Canadians age 80+ required home care in the past year.
• One in four seniors living at home have a long term disability or handicap.

How can Long Term Care help me?

Long Term Care lets you receive the care you need in the comfort of your own home. It also provides comprehensive coverage for nursing home care, should you need it.

You can purchase Long Term Care from age 40 up to age 80. Give yourself the opportunity to live with dignity and not be a burden to your family or a drain on your assets. Long Term Care provides an important part of your financial strategy, protecting you against what might happen tomorrow.