Long term insurance provides you with the support and financial resources necessary to cover the out-of-pocket expenses for care at home or in a facility, when you can no longer care for yourself.
This insurance pays a monthly benefit after some waiting period has expired if you are unable to perform usually two or more activities of daily living. These activities normally include bathing, dressing, toileting, eating, transferring and maintaining continence. This insurance offers protection for your quality of life allowing you to maintain independence as long as possible. It allows you to live with dignity and independence even if you get functionally dependent.
There could be different amounts of benefit payable if at home nursing care is possible versus if you are required to be admitted into a facility. The cost depends on the benefit amount and elimination period selected.
Have any questions?
#111-2580 Cedar Park Place Abbotsford, BC